4 Bathroom
2,220 ft2
Fully Air Conditioned
Radiant Heat
$699,900
Welcome To An Excellent Investment Opportunity In The Heart Of Welland! This Solid Fourplex Is A Rare Find For Savvy Investors Looking To Add A Multi-Unit Property To Their Portfolio. Over +$72k in annual income, cashflow machine! Featuring Separate Hydro Meters For Each Unit Plus A House Meter, This Property Offers Added Convenience And Long-Term Cost Efficiency. This Multi-Unit Property Is Zoned Residential Medium Density (RM), Allowing For Excellent Flexibility And Future Potential. Mechanically updated w/ breaker panel, vinyl windows, boiler & roof shingles! Ideally Located On Ross Street In A Mature, Central Neighbourhood, This Property Is Close To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Minutes To Downtown Welland, The Welland Canal, Niagara College, And Easy Access To Major Roads Connecting You To Niagara Falls, St. Catharines, And Hwy 406. With Strong Rental Demand In The Area And A Growing Community, This Fourplex Presents An Excellent Opportunity For Steady Cash Flow And Future Appreciation. A Smart Addition To Any Investment Portfolio In One Of Niagara's Up And-Coming Markets. (id:50976)
Property Details
|
MLS® Number
|
X12762858 |
|
Property Type
|
Business |
|
Community Name
|
768 - Welland Downtown |
|
Amenities Near By
|
Public Transit |
Building
|
Bathroom Total
|
4 |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Type
|
Radiant Heat |
|
Size Interior
|
2,220 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Size Depth
|
134 Ft |
|
Size Frontage
|
39 Ft ,6 In |
|
Size Irregular
|
39.54 X 134 Ft |
|
Size Total Text
|
39.54 X 134 Ft |
|
Zoning Description
|
G1, Rm |
https://www.realtor.ca/real-estate/29329681/196-ross-street-welland-welland-downtown-768-welland-downtown
