146 Burgar Street Welland (Welland Downtown), Ontario L3B 2S8
$699,900
Heres the income property youve been waiting for! This legal triplex is fully rented with excellent tenants and generates great income. 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:55499)
Property Details
| MLS® Number | X12221636 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| Features | In-law Suite |
| Parking Space Total | 3 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Stove, Washer, Two Refrigerators |
| Basement Type | Full |
| Exterior Finish | Stucco |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3000 - 3500 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft |
| Size Frontage | 35 Ft |
| Size Irregular | 35 X 120 Ft |
| Size Total Text | 35 X 120 Ft |
Interested?
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June 14 2025 09:58:53
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage