REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 799,000
Est. payment | /mo
7 Beds
3 Baths
$ 799,000
Est. payment | /mo
7 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 768 - Welland Downtown
MLS Listing ID X11935687
Style 2-Storey
Bedrooms 7
Annual Tax Amount $3,662
Tax Year 2024
Property Sub-Type Triplex
Property Description
Attention investors! This turnkey triplex in Welland offers exceptional income potential with market rents and minimal vacancy risk. The property features three large, well-maintained units, each with private entrances and separate hydro meters for tenant convenience. Unit 1: Spacious 2-bedroom unit, rented at $1,742.50/month + hydro. Unit 2: Large 3-bedroom unit, rented at $1,885.88/month + hydro. Unit 3: Cozy 2-bedroom unit in a detached coach house with a private garage, rented at $1,537.50/month + hydro & gas. Additional income from coin-operated laundry: $100/month. Features Include an excellent location close to schools, shopping, and transit. Ample parking. Separate hydro meters for all units. Updated interiors and well-maintained exterior. Coach house offers unique appeal with garage space. This property is a fantastic addition to any real estate portfolio with solid cash flow and future growth potential.
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Zoning RL2
Rooms
Basement Unfinished, Separate Entrance
Kitchen 3
Interior
Interior Features Separate Hydro Meter
Cooling None
Inclusions 3 Fridges & 3 Stoves
Exterior
Parking Features Detached
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Foundation Concrete Block
Others
Virtual Tour https://unbranded.youriguide.com/79_burgar_st_welland_on/
Lited by RE/MAX ESCARPMENT REALTY INC., BROKERAGE