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$599,900
Est. payment /mo
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 769 - Prince Charles
MLS Listing ID X12058582
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,950
Tax Year 2024
Property Sub-Type Triplex
Lot Depth 92.7
Lot Front 56.26
Appx SqFt 2000-2500
Property Description
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!
Location
Province ON
County Niagara
Community 769 - Prince Charles
Area Niagara
Rooms
Family Room No
Basement Finished
Kitchen 4
Separate Den/Office 1
Interior
Interior Features None
Cooling None
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 56.26
Lot Depth 92.7
Total Parking Spaces 4
Building
Foundation Stone
Others
Senior Community No
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Listed by CENTURY 21 HERITAGE GROUP LTD.