Sold

253 Fitch St, Welland ON

$1,899,900

Property Details

Property Type

Commercial Residential

Bedrooms

18

Bathrooms

12

Community

769 - Prince Charles

SQFT

8460 total SQFT

Lot Size

116.33ft x 135.06ft

Taxes/Year

24,894.03/2024

Walk Score

59

Transit Score

25

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 neighborhood close to transit, schools, shopping, and amenities. A rare chance to secure a high-performing multi-residential asset.

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