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$799,000
Status: For Sale
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.
| Property Type | :Residential |
|---|---|
| MLS Number | :X11935687 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :05 Mar, 2025 (2 Days ago) |
| Source | :TRREB |
| Area | :Niagara |
|---|---|
| Postal Code | :
L3B 2S9
|
| Price | : $799,000 |
|---|---|
| Property Taxes | :$3662.00 |
| Tax Year | :2024 |
|---|
| Bedrooms | :7 + |
|---|---|
| No. of Rooms | :19 |
| Air Conditioning | :None |
| Heating | :Baseboard |
| Place of Worship | :No |
| Cross Street | :BURGAR STREET & DIVISION STREET |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :2500-3000 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
| Kitchen | :3.27 m x 3.11 m |
|---|---|
| Br | :3.25 m x 2.63 m |
| Kitchen | :3.95 m x 4.12 m |
| Br | :3.32 m x 3.89 m |
| Kitchen | :4.38 m x 3.56 m |
| Br | :3.93 m x 4.01 m |
| Living | :2.62 m x 5.91 m |
|---|---|
| Bathroom | :2.04 m x 1.07 m |
| Living | :4.23 m x 5.49 m |
| Bathroom | :2.95 m x 2.45 m |
| Living | :3.84 m x 4.79 m |
| Bathroom | :1.52 m x 2.45 m |
| Exterior Finish | :Stucco/Plaster, Vinyl Siding |
|---|---|
| Parking Space | :5 |
| Basement | :Sep Entrance |
| Garage | :Detached |
|---|---|
| Laundry Level | :Lower |
| Park | :Park |
22 Jan, 2025
TREB #X11935687
Listed
$799,000
