Size
-
Lot size
5063 sqft
Street frontage
-
Possession
IMM W/ TENANT
Price per sqft
$266 - $320
Taxes
$3,662 (2024)
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. 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.
Broker: RE/MAX ESCARPMENT REALTY INC., BROKERAGE
MLS®#: X11935687
Property details
Parking:
5
Parking type:
-
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 | Bedroom | 12.9 x 13.2 ft | |
Main | Bathroom | 5.0 x 8.0 ft | |
Main | Living Room | 12.6 x 15.7 ft |
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Instant estimate:
orto view instant estimate
$40,350
lower than listed pricei
High
$773,823
Mid
$758,650
Low
$715,331
