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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. 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.
3 Fridges & 3 Stoves
City: Welland
Neighborhood: Welland Downtown
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Oct 9, 2024 | N/A | $189,900 | N/A | Sold | X8593183 |
Purchase Price | $799000 |
Down Payment | $159800 |
Mortgage Insurance | $0 |
Total Mortgage | $639200 |
Mortgage Payment | $3939 |
Property Taxes | $305 |
Maintenance Fees | $0 |
Monthly Payment | $4244 |
Located at 79 Burgar St , this Welland house is available for sale. This property was listed for $799,000 on Wed Mar 05 2025. This house's size is 2500-3000 Sqft. It has 7 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Living, Br, Bathroom, Kitchen, Living, Br, Bathroom, Kitchen, Living, Br, Bathroom. This property comes with 5 parking spots. 79 Burgar St, Welland is situated in the Welland Downtown neighbourhood.
MLS#: X11935687 · $799,000 · 7 bedroom house in Welland Downtown, Welland