94 Empire St

Market Square | Welland

$949,000

Listed 2 months ago
7 bed
3 + 1 bath
3,250-3,499 sqft
4 parking
33 x 114 lot
Quadruplex

Description

PRIME INVESTMENT OPPORTUNITY: COMMERCIAL + RESIDENTIAL. Are you looking for a property that offers a perfect blend of potential rental income and business space? Look no further! This meticulously maintained mixed-use property is now available for sale, featuring one commercial unit and three residential units. The commercial unit was leased for $1500/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1600/month and the 2 bed apartment on the upper level is currently leased for $1300/month to AAA tenants. 3 bed apartment on upper level is currently listed for $1800/month making the total rental potential for this property more than $6000/month. This property presents an excellent investment opportunity with multiple income streams. The commercial unit can provide steady rental income, while the residential units offer long-term tenants. Don't miss out on this amazing oppurtunity!!

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MLS#
X8120008
Property Taxes
$4,100 per year / $342 per month
Condo Fees
-
Basement
Full | Partially Finished
Front Facing
W
Year Built
-
Type
Quadruplex
Bedrooms
7 Full
Bathrooms
3 Full | 1 Partial
Parking Spots
4 Total | 2 Garage, 2 Outside
Parking Types
Detached | Driveway
Floor
-
Storeys (Above Ground)
Two
Outdoor Area
-
Fencing
-
Balcony
-
Pool
None
External Material
Aluminum Siding | Stone
Roof Type
-
Lot Frontage
33 ft
Lot Depth
114 ft
Internal Area (Above Ground)
3,250-3,499 sqft
Interior Features
-
Cooling System
Window Unit(s)
Heating System
Radiant
Laundry
-
Has Fireplace
No
Flooring
-
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94 Empire St | Market Square

Demographics

Population

5,127

Population change

6.0%

Density (per km²)

2,394.3

Ownership type

Age

Family type

Commute time

Princess Elizabeth Public School
330 Scholfield Ave S Welland Ontario L3B1P2
Preschool - Middle
Grade Pre-K - 8
16 min walk 0.8km away
Pope Francis Catholic Elementary School
8 Merritt Island Welland Ontario L3B3E9
Kindergarten - Middle
Grade JK - 8
16 min walk 0.8km away
Pope Francis Catholic Secondary School
8 Merritt Island Welland Ontario L3B3E9
Middle - Secondary
Grade 6 - 12
16 min walk 0.8km away
Plymouth Public School
111 First St Welland Ontario L3B4S1
Preschool - Middle
Grade Pre-K - 8
17 min walk 0.9km away
St Andrew Catholic Elementary School
16 St Andrews Ave Welland Ontario L3B1E1
Preschool - Middle
Grade Pre-K - 8
20 min walk 1.0km away
St Mary Catholic Elementary School
120 Plymouth Rd Welland Ontario L3B3C7
Preschool - Middle
Grade Pre-K - 8
22 min walk 1.2km away
Notre Dame College School
64 Smith St Welland Ontario L3C4H4
Middle - Secondary
Grade 6 - 12
24 min walk 1.3km away
Eastdale Secondary School
170 Wellington St Welland Ontario L3B1B3
Middle - Secondary
Grade 6 - 12
24 min walk 1.3km away
ÉÉC Saint-François-d'Assise
58 Empress Avenue Welland Ontario L3B1K9
Preschool - Middle
Grade Pre-K - 8
24 min walk 1.3km away
École intermédiaire Franco-Niagara
670 Tanguay Av Welland Ontario L3B4G2
Middle
Grade 6 - 8
24 min walk 1.3km away
Welland Christian Academy
109 Chaffey Street Welland Ontario L3B2Y6
Elementary - Secondary
Grade 1 - 12
37 min walk 2.0km away
Fullbright Academy
738 Lyons Creek Road Welland Ontario L3B5N4
Middle - Secondary
Grade 6 - 12
89 min walk 4.7km away
Maple Crest Early School Ltd.
49 Highway 20 West Fonthill Ontario L0S1E0
Elementary - Middle
Grade 1 - 8
137 min walk 7.3km away
MLS® Listing
X8120008
Brokerage
REVEL REALTY INC.

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