7 Bedroom
3 Bathroom
2,000 - 2,500 ft2
Baseboard Heaters
$699,900
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. (id:61594)
Property Details
|
MLS® Number
|
X12267854 |
|
Property Type
|
Multi-family |
|
Community Name
|
768 - Welland Downtown |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
7 |
|
Bedrooms Total
|
7 |
|
Appliances
|
Stove, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Exterior Finish
|
Vinyl Siding, Stucco |
|
Foundation Type
|
Block, Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Baseboard Heaters |
|
Stories Total
|
2 |
|
Size Interior
|
2,000 - 2,500 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
95 Ft |
|
Size Frontage
|
53 Ft ,3 In |
|
Size Irregular
|
53.3 X 95 Ft |
|
Size Total Text
|
53.3 X 95 Ft |
https://www.realtor.ca/real-estate/28569077/79-burgar-street-welland-welland-downtown-768-welland-downtown
