79 Burgar ST Active

Welland,ON L3B 2S9

$ 699900

7 Beds

3 Baths

- SqFt


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

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

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