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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
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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