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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. 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. (40836931)
BURGAR STREET & DIVISION STREET
Property Type
Multi-family
Annual Property Taxes
$3,860.18 (CAD)
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
28 days
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