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! (id:35762)
MLS® Number | X12058582 |
Property Type | Multi-family |
Community Name | 769 - Prince Charles |
ParkingSpaceTotal | 4 |
BathroomTotal | 4 |
BedroomsAboveGround | 5 |
BedroomsBelowGround | 1 |
BedroomsTotal | 6 |
BasementDevelopment | Finished |
BasementType | N/a (finished) |
ExteriorFinish | Brick |
FoundationType | Stone |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 2000 - 2500 Sqft |
Type | Triplex |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 92 Ft ,8 In |
SizeFrontage | 56 Ft ,3 In |
SizeIrregular | 56.3 X 92.7 Ft |
SizeTotalText | 56.3 X 92.7 Ft |
Contact us for more information
Devin Joseph Cullen
Salesperson