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99 Beatrice Street
Welland, ON L3B 2Z2
- Building Type: 6-plex
- Sq. Ft.: 2,727
- MLS#: 30719891
$449,900
Great opportunity to own a 6-plex in the heart of Welland! Obtaining gross rents of $47,702 with full occupancy, this is your chance to make a positive addition to your investment portfolio. Fully rented with wonderful tenants(four of which have been living at the property for over 10 years), this turn-key investment has been nicely maintained and offers great potential for it’s next owner. This building is complete with 5 two bedroom units and 1 three bedroom unit, a large yard, lots of parking, and coin-operated laundry. Opportunities like this are few and far between, act today before it is gone. Please note, 48 hours’ notice is required for all showings.
- Total Units: 6 (all units occupied)
- Financial: 6-plex can obtain gross rents of $47,702 with full occupancy,
- Total Bedrooms: 5, 2-bedroom units and 1, 3-bedroom units
- Square Footage: 2,727
- Roof: Asphalt Shingle
- Exterior: Brick, Vinyl Siding
- Foundation: Concrete Block
- Year Built: 100+ Years
- Basement Size/ Development: Full/Fully Finished/Separate Entrance
- Garage: None
- Driveway Parking/Type: 4.0/Private Triple Plus Wide/Gravel
- Lot Front: 58.01 Ft Ft
- Lot Depth: 125.00 Ft
- Lot Shape: Rectangular
Equipment Included
- Refrigerators 6
- Stoves 6
- Washers 1
- Dishwashers 0
- Dryers 1
- Microwave 0
Public Remarks
Great opportunity to own a 6-plex in the heart of Welland! Obtaining gross rents of $47,702 with full occupancy, this is your chance to make a positive addition to your investment portfolio. Fully rented with wonderful tenants(four of which have been living at the property for over 10 years), this turn-key investment has been nicely maintained and offers great potential for it’s next owner. This building is complete with 5 two bedroom units and 1 three bedroom unit, a large yard, lots of parking, and coin-operated laundry. Opportunities like this are few and far between, act today before it is gone. Please note, 48 hours’ notice is required for all showings.
- Inclusions: 6 stoves, 6 fridges, coin washer and dryer
- Exclusions: All tenant’s belongings
- Elem Schools: Diamond Trail PS
- Sec Schools: Eastdale SS
- Price: $449,900
- Property Taxes: $4,759/2018
- Zoning: RL2
- Fronting On: East