For Sale

131 THIRD Street, Welland, Ontario L3B4W5

$2,200,000

131 THIRD Street, Welland, Ontario L3B4W5 is For Sale and has a listing price of 2,200,000. The property is located in the neighbourhood. It's been on the website for 30 Days.

  • Multi-family
    Property Type
  • 22
    Bedrooms
  • 12
    Bathrooms
  • Detached Garage
    Parking
  • 15
    Parking Spaces
  • MLS ID: 40635740
  • Office Name RE/MAX NIAGARA REALTY LTD, BROKERAGE,RE/MAX NIAGAR
Property Description

Purpose-built solid brick 12-unit apartment complex on a 111 X 208 parcel zoned INSH. lot provides the potential for adding future development on the site. The building is solid with high quality terrazzo floors throughout hallways. lots of areas to substantially improve income . 8x 2 bed units, 3 x 1 bed units, 1 x 3 bed unit. Location will appeal to many tenants with access to ample parking, on-site laundry, public transit, hospital and a variety of amenities all within walking distance. Tremendous opportunity for the long term investor (id:43137)

Property Details
  • Bedrooms: 22
  • MLS ID: 40635740
  • Bathrooms: 12
  • Price: $2,200,000
  • Transaction Types: For Sale
  • Ref ID: 27321819
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
08/22/2024 40635740 $2,200,000 For Sale - -
11/08/2023 X7283128 $2,300,000 Sold 02/14/2024 $2,000,000
10/30/2023 40505825 $2,300,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Welland
  • $712,927 Average List Price
    based on 1 year
  • 195 New Listings
    based on 30 days
  • 11 Median Days on Market
    based on 1 year
  • List vs. Selling Price 106.59 % Up
  • Sold (12mo) 247
  • Rented (12mo) 74

  • 1 Month Change +10.5%
  • 3 Month Change -0.9%
  • 6 Month Change +2.1%
Walkscore
Property Type Distribution
  • All Houses
    88.97%
  • Commercial
    6.5%
  • Condo
    4%
  • Land for Sale
    0.53%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Electric
  • Basement2 Full (finished)
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Exterior Brick
  • Cooling System None
  • Total Parking Spaces: 15
  • Property Features Paved Driveway, Laundry- Coin Operated
  • Fireplace False
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 22/08/2024 00:00:00
  • Zoning Sr & Rural
  • Agent Name: KAREN NEUMANN,TONY RODRIGUEZ
  • Address Subdivision: 773 - Lincoln/Crowland
  • Last Updated: 26/08/2024 16:32:32
Open House Dates
Want to see this property?