146 Burgar Street Welland, Ontario L3B 2S8
$729,000
Heres the income property youve been waiting for! This legal triplex is fully rented with excellent tenants and generating a solid 6% ROI. Stop flipping homes in this market and secure a stable, cash-flowing investment instead! The property features three occupied units (1x1 bed, 2x3 bed), each with a dedicated parking space. The two 3-bedroom units each enjoy exclusive use of a private, fenced backyard space. Gross rental income exceeds $58,000 annually, and all tenants are current and wish to stay. Zoning permits a potential fourth unit, buyer to verify. Tenants pay their own utilities except water. (id:49269)
Property Details
| MLS® Number | X12135885 |
| Property Type | Multi-family |
Building
| Appliances | Dryer, Stove, Washer, Two Refrigerators |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 3448 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 120 Ft |
| SizeFrontage | 35 Ft |
| SizeIrregular | 35 X 120 Ft |
| SizeTotalText | 35 X 120 Ft |
| ZoningDescription | Rl2 |
https://www.realtor.ca/real-estate/28285607/146-burgar-street-welland
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May 09 2025 02:25:13
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage