144 Welland Avenue St. Catharines, Ontario L2R 2N6

2,244 ft2
None Radiant Heat

$520,000

Versatile Income Property with Strong UpsideThis fully tenanted, mixed-use property offers an excellent entry point into real estate investing or asmart addition to an existing portfolio. Featuring two generous residential units and a street-level commercial space, the building providesmultiple income streams and built-in diversification.Each unit has its own private entrance and separate hydro meter, helping keep operatingcosts straightforward and management efficient. The property is currently occupied by reliable tenants, allowing you to step into immediatecash flow while exploring future value-add opportunities. Located just minutes from downtown St. Catharines and close to shopping, dining, andpublic transit, this property benefits from consistent rental demand and long-term growth potential. Whether you're looking for a stableinvestment with room to improve or a practical first step into multi-unit ownership, this is an opportunity worth considering. (id:62616)

Property Details

MLS® Number X12763260
Property Type Retail
Community Name 451 - Downtown
Amenities Near By Public Transit
Parking Space Total 2

Building

Age 51 To 99 Years
Appliances Dishwasher, Dryer, Microwave, Washer
Cooling Type None
Heating Type Radiant Heat
Size Exterior 2244 Sqft
Size Interior 2,244 Ft2
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 105 Ft ,7 In
Size Frontage 33 Ft ,3 In
Size Irregular Bldg=33.33 X 105.6 Ft
Size Total Text Bldg=33.33 X 105.6 Ft
Zoning Description M2

https://www.realtor.ca/real-estate/29330052/144-welland-avenue-st-catharines-downtown-451-downtown

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