146 Burgar Street Welland, Ontario L3B 2S8
$729,000
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 | X12135885 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
Building
| Appliances | Dryer, Stove, Washer, Two Refrigerators |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,448 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 120 Ft |
| Size Frontage | 35 Ft |
| Size Irregular | 35 X 120 Ft |
| Size Total Text | 35 X 120 Ft |
| Zoning Description | Rl2 |
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June 11 2025 03:55:58
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage