196 Ross Street, Welland, Ontario L3B 2N3

Listed for:
$699,900
6 beds
4 baths
Listed 10 days ago
Fourplex for rent: 196 Ross Street, Welland, Ontario L3B 2N3

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About

East Main St & Niagara St 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. (id:27476)

Property Highlights

MLS® Number
40803252
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
4

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2220 sqft
Bathrooms Total
4
Bedrooms Total
6
Exterior Finish
Other
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
40803252
Agent:
Thomas Pobojewski
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