253 Fitch Street
Welland, L3C 4W3
FOR SALE
$1,899,900

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Investment
CATEGORY8,460 Sq Ft
TOTAL AREAX12284349
MLSIDContact Us
Property Description
Incredible investment opportunity! This spacious is as exceptionally well-maintained 12-unit apartment building features a sought-after mix of 6 large two-bedroom units, 5 one-bedroom units, and 1 bachelor. With 12 dedicated parking spots, shared laundry, and beautifully cared-for interiors and exteriors, this property stands out in today's market as of the strongest performing low rise building in the Niagara region. Currently generating approximately $200,940 in annual rental income, with significant room to increase revenue over time. Located in a thriving Welland neighbourhood close to transit, schools, shopping, and amenities. A rare chance to secure a high-performing multi-residential asset.
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Property Details
Address
253 Fitch Street
Community
City
Postal Code
L3C 4W3
Property Type
Investment, Investment
Days On Market
5
Use
Apartment
Zoning
RM
Lot Size
116' x 135'
Total Area
8,460 Sq Ft
Taxes
$24,894 (2024
Heat Type
Baseboard
Water
Municipal
Garage Type
None
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Listing contracted with Michael St.Jean Realty Inc., Brokerage
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