Size
-
Lot size
5063 sqft
Street frontage
-
Possession
2025-08-10
Price per sqft
$280 - $350
Taxes
$3,860.18 (2025)
Parking Type
-
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. Grossing $5,266/month ($63,192 yearly) and a Cap Rate of 7.45%. Additional income from coin-operated laundry. 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.
Broker: RE/MAX ESCARPMENT REALTY INC., BROKERAGE
MLS®#: X12267854
Property details
Parking:
5
Parking type:
-
Property type:
Triplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
53 Ft
Lot depth:
95 Ft
Listed on:
Jul 7, 2025
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Instant estimate:
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$21,694
lower than listed pricei
High
$691,770
Mid
$678,206
Low
$639,481
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