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:52316)
RE/MAX ESCARPMENT REALTY INC., BROKERAGE
$699,900
79 BURGAR STREET, Welland, Ontario
7 Bedrooms
3 Bathrooms
Property
MLS® Number: X12267854
Address: 79 BURGAR STREET
City: Welland
Exterior: Stucco, Vinyl siding
Utilities
Heating: Baseboard Heaters, Natural Gas
Parking
Parking Spaces: 5
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Property Sale History
Travel and Neighbourhood
79/100Walk Score®
Very Walkable
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Location
Contact Kayla Smith
