Welland, ON L3C 4W3,253 Fitch Street
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Welland, ON L3C 4W3,253 Fitch Street
Welland, ON L3C 4W3,253 Fitch Street
Welland, ON L3C 4W3,253 Fitch Street
Welland, ON L3C 4W3,253 Fitch Street
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Listed by Michael St. Jean • Michael St. Jean Realty Inc.
$ 1,899,900
Est. payment /mo
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253 Fitch Street Welland, ON L3C 4W3

18 Beds

12 Baths

8,460 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 8,460 sqft

Price per Sqft $224

MLS Listing ID 40748337

Bedrooms 18

Abv Grd Liv Area 8,460

Year Built 1960

Annual Tax Amount $24,894

Property Sub-Type Apartment

Source Hamilton - Burlington

Property Description

Incredible investment opportunity! This spacious is as exceptionally well-maintained 12-unit apartment building features a sought-after mix of 6 large two-bedroom units, 5 one-bedroom units, and 1 bachelor. With 12 dedicated parking spots, shared laundry, and beautifully cared-for interiors and exteriors, this property stands out in today's market as of the strongest performing low rise building in the Niagara region. Currently generating approximately $200,940 in annual rental income, with significant room to increase revenue over time. Located in a thriving Welland neighbourhood close to transit, schools, shopping, and amenities. A rare chance to secure a high-performing multi-residential asset.

Location

Province ON

County Niagara

Area Welland

Zoning RM

Direction South on Pelham Rd/Left on Fitch St

Rooms

Basement Full, Finished

Kitchen 0

Interior

Interior Features None

Heating Baseboard, Electric

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry Shared

Exterior

Roof Type Asphalt Shing

Lot Frontage 116.33

Lot Depth 135.06

Garage No

Building

Lot Description Rectangular, Ample Parking, City Lot, Hospital, Library, Open Spaces, Park, Place of Worship, Public Parking, Public Transit, Quiet Area, Schools

Faces South on Pelham Rd/Left on Fitch St

Story 3

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 640990002

Ownership Freehold/None


agent

Max Hahne

Broker | License ID: 2053955

+1(705) 441-5800

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253 Fitch Street