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Commercial listings / Investment / For sale

240-242 EAST MAIN Street, Welland, ON L3B 3W9

$1,399,000

240-242 EAST MAIN Street, Welland, ON L3B 3W9, photo 1240-242 EAST MAIN Street, Welland, ON L3B 3W9, photo 2
Property type
Investment
Transaction
For sale
Location
Welland, Niagara
Building area
3,000 Square Feet
MLS® number
X13639556

Description

242 East Main Street, Welland - 7-Unit Residential Income Property. Exceptional investor opportunity in the heart of Welland. This income property offers 7 self-contained residential units, ideally positioned for a buyer looking to build or expand their Niagara portfolio. Property generates over $75K net income/year. The unit mix provides strong versatility and broad tenant appeal: 4 x 2-bedroom, 1 x 1-bedroom, and 2 studio suites - catering to singles, couples, and small families alike. Located in Welland, Ontario, a growing rental market with consistent tenant demand driven by Niagara College, healthcare, and manufacturing employment. Easy access to Highway 406 and the broader Niagara Region makes this an attractive option for a wide range of renters.

Listing brokerage: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

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