$659,900
$20,000101 Niagara Street, Welland, ON L3C 1J4
769 - Prince Charles, Welland,
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Located in the beautiful city of Welland, this fully tenanted property presents an exceptional cash flow-positive investment. With tenants already in place paying competitive rents, the property is currently grossing $62,400 annually and is being offered at an approximate 7% cap rate. Conveniently situated near a wide range of amenities, including restaurants, Chippawa Park, shopping centers, schools, and public transportation, this property has much to offer. Don't miss out on the chance to add this well-located, income-generating asset to your portfolio!
- Architectural Style: 2-Storey
- Property Type: Residential Freehold
- Property Sub Type: Triplex
- DirectionFaces: West
- Directions: South on Niagara St. Last house on right/west side before bridge.
- Tax Year: 2024
- ParkingSpaces: 4
- Parking Total: 4
- WashroomsType1: 1
- WashroomsType1Level: Basement
- WashroomsType2: 1
- WashroomsType2Level: Main
- WashroomsType3: 1
- WashroomsType3Level: Second
- WashroomsType4: 1
- WashroomsType4Level: Third
- BedroomsAboveGrade: 5
- BedroomsBelowGrade: 1
- Basement: Finished
- HeatSource: Gas
- HeatType: Forced Air
- ConstructionMaterials: Brick
- Roof: Asphalt Shingle
- Sewer: Sewer
- Foundation Details: Stone
- Parcel Number: 640900307
- LotSizeUnits: Feet
- LotDepth: 92.7
- LotWidth: 56.26
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