7 Bedroom
3 Bathroom
2,500 - 3,000 ft2
Baseboard Heaters
$799,000
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. (id:61594)
Property Details
MLS® Number
|
X11935687 |
Property Type
|
Single Family |
Community Name
|
768 - Welland Downtown |
Amenities Near By
|
Park, Public Transit, Schools |
Equipment Type
|
Water Heater - Gas |
Parking Space Total
|
5 |
Rental Equipment Type
|
Water Heater - Gas |
Structure
|
Shed |
Building
Bathroom Total
|
3 |
Bedrooms Above Ground
|
7 |
Bedrooms Total
|
7 |
Amenities
|
Separate Electricity Meters |
Appliances
|
Refrigerator, Stove |
Basement Development
|
Unfinished |
Basement Features
|
Separate Entrance |
Basement Type
|
N/a (unfinished) |
Exterior Finish
|
Stucco, Vinyl Siding |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Baseboard Heaters |
Stories Total
|
2 |
Size Interior
|
2,500 - 3,000 Ft2 |
Type
|
Triplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Fence Type
|
Fenced Yard |
Land Amenities
|
Park, Public Transit, Schools |
Sewer
|
Sanitary Sewer |
Size Depth
|
95 Ft |
Size Frontage
|
53 Ft ,3 In |
Size Irregular
|
53.3 X 95 Ft ; 108.18 Ft X 49.62 Ft X 96.40 Ft X 50.38 |
Size Total Text
|
53.3 X 95 Ft ; 108.18 Ft X 49.62 Ft X 96.40 Ft X 50.38|under 1/2 Acre |
Zoning Description
|
Rl2 |
https://www.realtor.ca/real-estate/27830376/79-burgar-street-welland-768-welland-downtown-768-welland-downtown