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:50886)
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 |
Contact Us
Contact us for more information
Laurie Zizian
Salesperson
5627 Main St
Niagara Falls, Ontario L2G 5Z3
(905) 356-9600
(905) 374-0241
www.remaxniagara.ca/
Rick Derhodge
Broker
5627 Main St
Niagara Falls, Ontario L2G 5Z3
(905) 356-9600
(905) 374-0241
www.remaxniagara.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 04 2025 02:46:01
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage