196 Ross Street, Welland, ON L3B 2N3

Welland L3B 2N3 Ontario

MLS: X12762858

$699,900

Added 7 days ago | For Sale

Listed by: ROYAL LEPAGE SIGNATURE REALTY

About Property

Welcome To An Excellent Investment Opportunity In The Heart Of Welland! This Solid Fourplex Is A Rare Find For Savvy Investors Looking To Add A Multi-Unit Property To Their Portfolio. Over +$72k in annual income, cashflow machine! Featuring Separate Hydro Meters For Each Unit Plus A House Meter, This Property Offers Added Convenience And Long-Term Cost Efficiency. This Multi-Unit Property Is Zoned Residential Medium Density (RM), Allowing For Excellent Flexibility And Future Potential. Mechanically updated w/ breaker panel, vinyl windows and boiler! Ideally Located On Ross Street In A Mature, Central Neighbourhood, This Property Is Close To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Minutes To Downtown Welland, The Welland Canal, Niagara College, And Easy Access To Major Roads Connecting You To Niagara Falls, St. Catharines, And Hwy 406. With Strong Rental Demand In The Area And A Growing Community, This Fourplex Presents An Excellent Opportunity For Steady Cash Flow And Future Appreciation. A Smart Addition To Any Investment Portfolio In One Of Niagara's Up And-Coming Markets.

Features

  • House Style:Investment
  • Bathrooms:4
  • Land Size: 39.54 X 134
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:East Main St & Niagara St
  • Basement: ,
  • Possession Date:30/60 TBA
  • Annual Property taxes: $3993.29
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Radiant
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12762858

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