1075 Ontario Road, Welland, Ontario L3B 5E5

Listed for:
$750,000
7 beds
4 baths
Listed 13 days ago
Triplex for rent: 1075 Ontario Road, Welland, Ontario L3B 5E5

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About

Cross Streets: Ontario/Empress/Southworth. ** Directions: Southworth to Ontario, just before Empress Ave. Cash-producing triplex opportunity at 1075 Ontario Road, offering an approx. 6.15% cap rate, solid tenants, one 3-bedroom unit and two 2-bedroom units. This property is a great opportunity to start your investment portfolio or add to an existing one, with 6-car parking and recent upgrades including new electrical and plumbing, a second-storey roof approximately 3 years old, hot water heating, and mini-split systems approximately 5 years old, with the 1075 system completed approximately 3 years ago. A straightforward income-producing property with key improvements already completed and tenants in place - don't miss out! (id:27476)

Property Highlights

MLS® Number
X13077426
Type
Multi-family
Community Name
773 - Lincoln/Crowland
Land Size
75 x 150 FT
Parking Space Total
6

Building

Building Type
Triplex
Square Footage
1500 - 2000 sqft
Bathrooms Total
4
Bedrooms Above Ground
5
Bedrooms Total
7
Amenities
Separate Heating Controls Park, Public Transit, Schools, Hospital
Exterior Finish
Vinyl siding
Fireplace Present
Yes
Basement Type
N/A (Finished), N/A
Basement Features
Separate entrance
Building Heating Type
Forced air, Radiant heat, Not known
Heating Fuel
Electric, Other
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX NIAGARA REALTY LTD, BROKERAGE
MLS® number:
X13077426
Agent:
Thomas Baker
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