Size
-
Lot size
5064 sqft
Street frontage
W
Possession
IMM W/ TENANT
Price per sqft
$266 - $320
Taxes
$3,662 (2024)
Parking Type
Detached Garage
Style
2-Storey
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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.
EXTRAS:
EXTRAS:
Broker: RE/MAX ESCARPMENT REALTY INC., BROKERAGE
MLS®#: X11935687
Property details
Parking:
5
Parking type:
Detached Garage
Property type:
Triplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
2500-3000 sqft
Lot front:
53 Ft
Lot depth:
95 Ft
Listed on:
Jan 22, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Kitchen | 10.7 x 10.2 ft | |
2nd | Living | 8.6 x 19.4 ft | |
2nd | Br | 10.7 x 8.6 ft |
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Instant estimate:
orto view instant estimate
$48,632
lower than listed pricei
High
$765,375
Mid
$750,368
Low
$707,522