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Welland,ON L3B 2S8
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 768 - Welland Downtown
MLS Listing ID X12221636
Style 2 1/2 Storey
Bedrooms 7
Annual Tax Amount $2,471
Tax Year 2024
Property Sub-Type Triplex
Property Description
Heres the income property youve been waiting for! This legal triplex is fully rented with excellent tenants and generates great income. Stop flipping homes in this market and secure a stable, cash-flowing investment instead! The property features three occupied units (1x1 bed, 2x3 bed), each with a dedicated parking space. The two 3-bedroom units each enjoy exclusive use of a private, fenced backyard space. Gross rental income exceeds $58,000 annually, and all tenants are current and wish to stay. Zoning permits a potential fourth unit, buyer to verify. Tenants pay their own utilities except water.
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Rooms
Family Room No
Basement Full
Kitchen 3
Interior
Interior Features In-Law Suite,In-Law Capability,Primary Bedroom - Main Floor,Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Shingles
Lot Frontage 35.0
Lot Depth 120.0
Total Parking Spaces 3
Building
Foundation Other