24 Empire Street

Welcome to an exceptional opportunity with this Multi-Family Home for sale in Welland , located at 24 Empire Street, Welland. This remarkable property is a vacant multi-unit investment gem situated in the highly sought-after East Welland area. With its generous 231-foot deep lot, this property boasts not just one, but two separate residential buildings, making it a fantastic prospect for both investors and owner-occupiers alike.

As you approach 24 Empire Street, Welland, you’ll immediately notice the potential this 2-storey multiplex holds. The main dwelling is thoughtfully configured as a duplex, comprising one 1-bedroom unit and one 2-bedroom unit. This layout is ideal for generating rental income or accommodating extended family members. Additionally, at the rear of the property, you’ll find a self-contained backyard cottage featuring a 2-bedroom unit. This extra space is perfect for additional rental income or for housing family, making this Multi-Family Home for sale in Welland a versatile investment.

The property features a total of three residential units, all of which are fully vacant, allowing for immediate possession. This means you can start generating income right away or move in and enjoy the benefits of this lovely home. The separate electrical breaker panels for both buildings ensure that each unit operates independently, providing convenience and efficiency. There are also two hot water tanks—one owned and one rented—adding to the practicality of this investment.

At 24 Empire Street, Welland, you’ll find ample parking with three off-street spaces available. This is a significant advantage, especially in a bustling area like East Welland. The property is conveniently located close to schools, shopping centres, public transit, and various amenities, making it an attractive location for potential tenants. The proximity to the 406 also offers quick access to the highway, making commuting a breeze.

As you explore this Multi-Family Home for sale in Welland, you'll appreciate the potential for setting market rents or occupying one unit while generating income from the others. The property has been fire and electrical inspected in 2017, ensuring that it meets safety standards. This makes it a solid addition to any investment portfolio, especially given its strong long-term potential.

The property is unfurnished, allowing new owners to put their personal touch on the space. With five bedrooms spread across the three units, there is plenty of room for families or individuals looking for shared living arrangements. The three kitchens provide the necessary facilities for each unit, making it easy for tenants to prepare their meals in comfort.

While there is no central vacuum system, air conditioning, or fireplace, the property is equipped with forced air heating and municipal water and sewer services, ensuring that all essential utilities are readily available. The unfinished partial basement and crawl space offer additional storage options, further enhancing the practicality of this Multi-Family Home for sale in Welland.

In summary, 24 Empire Street, Welland, presents a rare opportunity to acquire a multi-unit property in a prime location. With its excellent income potential, flexible living arrangements, and convenient amenities nearby, this property is sure to attract interest from a variety of buyers. Whether you’re an investor looking to expand your portfolio or a family seeking a home with additional income potential, this Multi-Family Home for sale in Welland is not to be missed. Don’t hesitate to explore this fantastic opportunity today!

The 773 - Lincoln/Crowland area in Welland offers a charming blend of suburban tranquillity and convenient access to urban amenities. Nestled within a picturesque landscape, this neighbourhood features tree-lined streets, well-maintained parks, and a variety of housing options that cater to families and individuals alike. Residents can enjoy a sense of community while being just a short drive from Welland's bustling downtown, where shops, restaurants, and cultural attractions await. With excellent schools and recreational facilities nearby, 773 - Lincoln/Crowland is an ideal location for those seeking a peaceful yet connected lifestyle in the heart of the Niagara region.

Schools in the Neighbourhood

This property is ideally situated near several highly-rated educational institutions, making it a perfect choice for families. Within a short distance of 1.0 to 1.3 km, you'll find a variety of schools catering to different educational needs. For elementary education, Plymouth Public School and Princess Elizabeth Public School offer excellent programs in English and French, respectively, with impressive ratings of 4.9 and 7. St. Andrew Catholic Elementary School, also nearby, provides a strong Catholic education with a rating of 6.5. For secondary education, Eastdale Secondary School and Notre Dame College School are both within 1.1 to 1.3 km, boasting ratings of 5.2 and 6.2, respectively. This diverse selection of public and Catholic schools ensures that children have access to quality education from kindergarten through to high school. The proximity to these schools not only enhances the convenience for daily commutes but also adds significant value to the property, appealing to families prioritizing education. With a range of languages of study and educational philosophies, potential buyers can feel confident that their children will receive a well-rounded education in this vibrant community.