462 East Main Street.
Welland (welland Downtown), ON $474,900

bed
6 Bedrooms

shower
2 Bathrooms

square_foot
1500 SQ/FT

house_siding
2 Stories

Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review. (id:58067)

MLS # :

X13606126

City :

Welland (welland Downtown)

Property Type :

Multi-family

Basement :

Full (Unfinished)

Parking :

No Garage

Lot Size :

29 ft ,4 i x 111 ft ,10

Lot Area :

29.4 x 111.9 FT

Heating/Cooling :

Forced air Natural gas / None

Days on Market :

1 days