136 Regent Street Welland, Ontario L3B 4H8
$399,900
A turnkey, fully tenanted duplex in the heart of downtown Welland. The 2-bedroom units rents for $1,409/month and the 1-bedroom for $1,178/month, both plus hydro and gas, for $31,044 in gross annual rent. Both units are separately metered, so tenants pay their own hydro and gas. Owner costs are just water, taxes and insurance, about $6,777 a year, for a net operating income of roughly $24,267 before vacancy and maintenance. Major items are covered, including a 2024 roof and updated electrical and a 2025 hot water tank in Unit 2. Both units have 100-amp breaker panels with copper wiring, and plumbing is copper, ABS and PEX. The walkable location near the Farmer's Market, shopping, schools and transit keep rental demand steady. The income and expense summary is available on request. (id:49269)
Property Details
| MLS® Number | X14145532 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,314 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 130 Ft ,4 In |
| Size Frontage | 34 Ft ,3 In |
| Size Irregular | 34.33 X 130.39 Ft |
| Size Total Text | 34.33 X 130.39 Ft |
| Zoning Description | Rl2 |
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November 04 2026 06:54:18
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage