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. |
Price | $729,000 |
Taxes: | $2680.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 146 Burgar Stre , Welland, L3B 2S8, Niagara |
Postal Code: | L3B 2S8 |
Province/State: | Niagara |
Legal Description: | PT BLK Y PL 564 AS IN RO491582 ; WELLAND |
Directions/Cross Streets: | Asher Street |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Building Percentage: | T |
Total Area: | 3448.00 |
Total Area Code: | Square Feet |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX NIAGARA REALTY LTD, BROKERAGE |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Niagara |
Municipality: | Welland |
Neighbourhood: | Dufferin Grove |
Tax: | $2,680 |
Fireplace: | N |