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$699,900
Status: For Sale
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.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40749129 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :11 Jul, 2025 (146 Days ago) |
| Source | :Hamilton - Burlington |
| Area | :Niagara |
|---|---|
| City | :Welland |
| Area Major | :Welland |
| Area Minor | :768 - Welland Downtown |
| Postal Code | :
L3B 2S9
|
| Directions | :BURGAR STREET & DIVISION STREET |
| Price | : $699,900 |
|---|---|
| Property Taxes | :$3860 |
| Tax Year | :2025 |
|---|
| Bedrooms | :7 + |
|---|---|
| Heating | :Baseboard |
| Cross Street | :DIVISION STREET |
| Bathrooms | :3 |
|---|---|
| Approx Square Footage | :2919 sqft |
11 Jul, 2025
TREB #40749129
Listed
$699900
