247 King Street Welland, Ontario L3B 3J9
$789,900
Presenting a rare and compelling investment opportunity at 247 King Street in the heart of Welland, a well-positioned 4-plex offering three fully residential apartments and one versatile commercial unit, all situated on one of the city's most recognized and high-traffic corridors. The three residential apartments are each spacious two-bedroom, one-bathroom units, ideal for attracting long-term tenants such as young professionals, students, and families who are drawn to the convenience and energy of downtown Welland living. Loads of potential with this property with an unfinished basement space that can be renovated into a 5th unit with exceptional value-add potential, presenting a savvy investor with the opportunity to develop additional storage, utility, or future living space. A two-car garage currently configured as a functional workshop adds further flexibility to the property, whether retained for tenant use, leased separately, or repurposed to suit a new owner's vision. The commercial unit, presently operating as professional office space, rounds out this income-generating package with a steady and established presence, making the overall property a true mixed-use asset with four streams of potential revenue. Another option would be re-creating the commercial unit into residential living. Situated on King Street directly near Merritt Park and its multi-use amphitheatre , the property enjoys outstanding walkability and access to the local amenities that make downtown Welland so desirable including restaurants, banks, medical offices, and public transit stop just steps from the front door. Niagara College is within approximately five kilometres , ensuring consistent rental demand from students and college staff year round. Whether you are an experienced investor looking to expand your portfolio or a first-time buyer seeking a property with immediate income and long-term upside. (id:43681)
房源概要
| MLS® Number | 40835340 |
| 房源类型 | Multi-family |
| 附近的便利设施 | 医院, 公园, 礼拜场所, 游乐场, 公共交通, 购物 |
| 社区特征 | School Bus |
| 特征 | 铺设车道, Crushed Stone Driveway |
| 总车位 | 6 |
详 情
| 地下室进展 | 已完成 |
| 地下室类型 | Full (unfinished) |
| 外墙 | 砖 |
| 地基类型 | 水泥 |
| 供暖方式 | 天然气 |
| 储存空间 | 2 |
| 内部尺寸 | 4200 Sqft |
| 类型 | Fourplex |
| 设备间 | 市政供水 |
车 位
| 附加车库 | |
| Open |
土地
| 英亩数 | 无 |
| 土地便利设施 | 医院, 公园, 宗教场所, 游乐场, 公共交通, 购物 |
| 污水道 | 城市污水处理系统 |
| 土地深度 | 116 Ft |
| 土地宽度 | 66 Ft |
| 规划描述 | Dmc, Rm |
https://www.realtor.ca/real-estate/29859514/247-king-street-welland
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
REALTORS® Association of Hamilton-Burlington
Real Broker Ontario Ltd.
June 05 2026 02:41:44
