ON > Welland > 768 - Welland Downtown
Welland, ON L3B 2S9,79 Burgar ST
Welland, ON L3B 2S9,79 Burgar ST
Welland, ON L3B 2S9,79 Burgar ST
40
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$799,000
Est. payment /mo
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7 Beds
3 Baths
Active

79 Burgar ST Welland, ON L3B 2S9

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 768 - Welland Downtown

MLS Listing ID X11935687

Style 2-Storey

Bedrooms 7

Building Age 100+

Annual Tax Amount $3,662

Tax Year 2024

Property Sub-Type Triplex

Property Description

Attention investors! This turnkey triplex in Welland offers exceptional income potential with market rents and minimal vacancy risk. The property features three large, well-maintained units, each with private entrances and separate hydro meters for tenant convenience. Unit 1: Spacious 2-bedroom unit, rented at $1,742.50/month + hydro. Unit 2: Large 3-bedroom unit, rented at $1,885.88/month + hydro. Unit 3: Cozy 2-bedroom unit in a detached coach house with a private garage, rented at $1,537.50/month + hydro & gas. Additional income from coin-operated laundry: $100/month. Features Include an excellent location close to schools, shopping, and transit. Ample parking. Separate hydro meters for all units. Updated interiors and well-maintained exterior. Coach house offers unique appeal with garage space. This property is a fantastic addition to any real estate portfolio with solid cash flow and future growth potential.

Location

Province ON

County Niagara

Community 768 - Welland Downtown

Area Niagara

Zoning RL2

Rooms

Basement Unfinished, Separate Entrance

Kitchen 3

Interior

Interior Features Separate Hydro Meter

Cooling None

Inclusions 3 Fridges & 3 Stoves

Exterior

Parking Features Detached

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Foundation Concrete Block

Others

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79 Burgar ST