197 Edgar Street

Investors on the hunt for positive cash flow, look no further! Welcome to 197 Edgar St. This turnkey legal 3-unit home (aka triplex) is waiting for a savvy investor or homeowner looking for a mortgage helper (live in one unit and rent out the other two). The almost 2,000 sq ft. house is located in one of the top neighbourhoods in Welland, close to Chippewa Park, skating ponds, splash pads, Niagara College and lots of other amenities. All units contain updated modern kitchens with quartz countertops and stainless-steel appliances. Unit 1 is a 2 Bed 1 Bath (4-piece), Unit 2 is a 3 bed 1 bath (4-piece) and Unit 3 is a 2 bed 2 Bath (4-piece). All units are approximately 1,000 sq. ft in size. In-suite laundry, spacious bedrooms and ample living space with a ton of natural light top off the main features of the home. Other updates include: 3 separate hydro meters, 3 water tanks, roof, most windows, soffits, facia & downspouts. With projected gross rents of $6,000/month or $72,000/year this one is cash flow positive. Don’t miss out on this phenomenal property. Zoning verification proving 3 legal units can be provided upon request.