- Ontario
- Welland
42 Riverside Dr
CAD$399,000 Sale
42 Riverside DrWelland, Ontario, L3C5E2
646| 3711 sqft
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ID40534390
StatusCurrent Listing
Ownership TypeFreehold
TypeResidential House,Fourplex
RoomsBed:6,Bath:4
Square Footage3711 sqft
Land Sizeunder 1/2 acre
AgeConstructed Date: 1918
Listing Courtesy ofREVEL Realty Inc., Brokerage
Detail
Building
Bathroom Total4
Bedrooms Total6
Basement DevelopmentUnfinished
Cooling TypeWall unit
Exterior FinishVinyl siding
Fireplace PresentFalse
Foundation TypeBlock
Heating FuelNatural gas
Heating TypeRadiant heat
Size Interior3711 sqft
Stories Total2
Total Finished Area
Utility WaterMunicipal water
Basement
Basement TypeFull (Unfinished)
Land
Size Total Textunder 1/2 acre
Acreagefalse
AmenitiesGolf Nearby,Hospital,Park,Place of Worship,Public Transit,Schools,Shopping
SewerMunicipal sewage system
Surface WaterRiver/Stream
Surrounding
Community FeaturesSchool Bus
Ammenities Near ByGolf Nearby,Hospital,Park,Place of Worship,Public Transit,Schools,Shopping
View TypeDirect Water View
Other
Equipment TypeWater Heater
Rental Equipment TypeWater Heater
StructureWorkshop
FeaturesConservation/green belt,Paved driveway
BasementUnfinished,Full (Unfinished)
FireplaceFalse
HeatingRadiant heat
Remarks
Unique Investment opportunity with this legal Multi-Unit (4) located directly on the Welland River! *VACANT POSSESSION OF ALL 4 UNITS* Possibilities are endless with this 4 unit property consisting of 1 - 3 bedroom unit, 2 - 1 bedroom units, and a Bachelor unit. Separate hydro meters for unit 3 & 4, and shared hydro meter for unit 1 & 2. Walk out Entrance from Lower LeveL Flat Roof replaced in 2013. Heated by efficient boiler system. Current market rent for each unit are approximately $1800/month + hydro for 3 bed, $1600/month + hydro for each - 2 bedroom units, $750/month + hydro for Bachelor unit giving it a potential total gross rent of $5750/month or $69,000/yr! The potential of this property alone makes it worth a look to see if the numbers may work for you! Book your showing today! (id:22211)
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Location
Province:
Ontario
City:
Welland
Community:
Broadway
School Info
Private SchoolsK-8 Grades Only
Fitch Street Public School
164 Fitch St, Welland0.933 km
ElementaryMiddleEnglish
9-12 Grades Only
Welland Centennial
240 Thorold Rd, Welland1.946 km
SecondaryEnglish
K-8 Grades Only
St Augustine Catholic Elementary School
300 Santone Ave, Welland1.927 km
ElementaryMiddleEnglish
9-12 Grades Only
Notre Dame College School
64 Smith St, Welland1.947 km
SecondaryEnglish
1-8 Grades Only
Princess Elizabeth Public School
330 Scholfield Ave S, Welland2.503 km
ElementaryMiddleFrench Immersion Program
9-12 Grades Only
Welland Centennial
240 Thorold Rd, Welland1.946 km
SecondaryFrench Immersion Program
K-8 Grades Only
Alexander Kuska Catholic Elementary School
333 Rice Rd, Welland3.501 km
ElementaryMiddleFrench Immersion Program
9-12 Grades Only
Notre Dame College School
64 Smith St, Welland1.947 km
SecondaryFrench Immersion Program