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$ 699,900
Est. payment /mo
Active
79 Burgar ST Welland, ON L3B 2S9
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 768 - Welland Downtown
MLS Listing ID X12267854
Style 2-Storey
Bedrooms 7
Annual Tax Amount $3,860
Tax Year 2025
Property Sub-Type Triplex
Lot Depth 95.0
Lot Front 53.3
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. Grossing $5,266/month ($63,192 yearly) and a Cap Rate of 7.45%. Additional income from coin-operated laundry. 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
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 53.3
Lot Depth 95.0
Total Parking Spaces 5
Building
Foundation Block, Concrete
Others
Virtual Tour https://unbranded.youriguide.com/79_burgar_st_welland_on/
Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE
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