80 Mill Street, Welland, Ontario L3C 4Y2

Listed for:
$774,900
5 beds
4 baths
Listed 113 days ago
Triplex for rent: 80 Mill Street, Welland, Ontario L3C 4Y2

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Listing provided by:
THE AGENCY
MLS® number:
40755221
Agent:
Isabel Pinheiro
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About

Niagara Street to Mill Street PRIME RIVERFRONT INVESTMENT OPPORTUNITY! 80 Mill St, a rare and lucrative investment opportunity awaits with this triplex, strategically located in the heart of Welland. This property features (3) distinct rental units, making it an ideal choice for investors seeking immediate cash flow and long term growth potential. Situated on a generous .50 acre lot backing onto the Welland River, this triplex combines tranquillity of a country like setting with the convenience of urban amenities, ensuring strong tenant appeal and consistent rental demand. The main floor unit is a standout, having been updated to modern standards offering a spacious 3 bedroom, 2 bathroom layout, complete with a finished basement that adds valuable space. The two upper units, each featuring 1 bedroom and 1 bathroom, are currently tenanted, providing investors with immediate rental income. The property's exterior is equally impressive, with ample parking space to accommodate tenants. Location is a key highlight as the property is conveniently close to schools, grocery stores, shopping centres, restaurants, and recreational facilities. Proximity to major roadways also ensures easy commutes to surrounding areas. This property has lots of potential with its combination of immediate rental income from tenants in the upper units, a modernized main floor unit, and a large lot offering future value opportunities. This is a turnkey investment! Don't miss your chance to own this exceptional investment property! (id:27476)

Property Highlights

MLS® Number
40755221
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
10

Building

Building Type
Triplex
Storeys
2.00
Square Footage
2928 sqft
Bathrooms Total
4
Bedrooms Total
5
Exterior Finish
Metal, Vinyl siding
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location