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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.
3 Fridges & 3 Stoves
City: Welland
Neighborhood: Welland Downtown
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Jan 22, 2025 | 98 | $799,000 | N/A | Expired | X11935687 |
Purchase Price | $699900 |
Down Payment | $139980 |
Mortgage Insurance | $0 |
Total Mortgage | $559920 |
Mortgage Payment | $3450 |
Property Taxes | $322 |
Maintenance Fees | $0 |
Monthly Payment | $3772 |
Located at 79 Burgar St , this Welland house is available for sale. This property was listed for $699,900 on Wed Jul 16 2025. This house's size is 2000-2500 Sqft. It has 7 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 5 parking spots. 79 Burgar St, Welland is situated in the Welland Downtown neighbourhood.
MLS#: X12267854 · $699,900 · 7 bedroom house in Welland Downtown, Welland