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    For Sale - 247 King Street, Welland, Ontario

    Est payment $3,793/mo
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    Views   2
    Time on Jump  29 day

    AI Summary *

    • Well-positioned 4-plex in a high-traffic area of downtown Welland.
    • Three spacious residential units perfect for attracting long-term tenants.
    • Unfinished basement holds potential for a fifth unit or additional storage.
    • Two-car garage offers flexibility for various uses or leasing options.
    • Close to amenities and Niagara College for consistent rental demand.




    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.
    Listing IDX13247824
    Address247 King Street
    CityWelland, Ontario
    Price$789,900
    Bed / Bath6 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features OtherOwnership FreeholdBasement UnfinishedFoundation Block, ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

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    Listing Agency:  Real Broker Ontario Ltd.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    247 King Street
    Welland , Ontario
    6 4 $789,900
    Get more info