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462 East Main Street Welland, Ontario L3B 3X6

Speak to an Agent About 462 East Main Street, Welland
6 Bedroom 2 Bathroom 1,500 - 2,000 ft2
None Forced Air

$474,900

Excellent addition to your investment portfolio! Located at 462 East Main St, this updated duplex features two massive 3-bedroom units with separate hydro meters, fully renovated kitchens, and updated exterior siding. While functioning as a fantastic, low-maintenance income property today, the strategic location and CC2 (Community Commercial Corridor) zoning offer incredible long-term land value and development potential. Perfectly positioned near major shopping, downtown amenities, and immediate highway access. A rare find that blends immediate cash flow with future upside! Potential to have this property as a part of a larger parcel (adjoining 2 lots available for sale as well). Proposed 8-storey, 28 unit building. Pre-construction meeting completed. NOTE FINANCIAL SUMMARY / PROJECTIONS ARE IN ATTACHEMENTS. Due to recent severance of lots, a current ARN is not available and legal description may change upon reference plan review. (id:38042)

462 East Main Street, Welland Property Overview

MLS® Number X13606126
Property Type Multi-family
Community Name 768 - Welland Downtown
Amenities Near By Public Transit, Schools
Equipment Type Water Heater
Features Sloping
Parking Space Total 2
Rental Equipment Type Water Heater
Structure Deck

462 East Main Street, Welland Building Features

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 3
Bedrooms Total 6
Age 100+ Years
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type Duplex
Utility Water Municipal Water

462 East Main Street, Welland Parking

No Garage

462 East Main Street, Welland Land Details

Acreage No
Land Amenities Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 111 Ft ,10 In
Size Frontage 29 Ft ,4 In
Size Irregular 29.4 X 111.9 Ft
Size Total Text 29.4 X 111.9 Ft
Zoning Description Cc2