146 Burgar Street Welland, 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:50877)

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	3,000 - 3,500 Ft2
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

https://www.realtor.ca/real-estate/28470672/146-burgar-street-welland-welland-downtown-768-welland-downtown