3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. You won't find a property in the area that is grossing this much per month in rental income for the price. All units are separately metered so tenants pay their own hydro. All appliances are electric so the usage is billed to the Tenants hydro bill which they pay for. Leases still have a healthy term left. Great tenants, haven't missed rent and pay on time. |
Price | $624,900 |
Taxes: | $2880.00 |
Address: | 301 Wallace Ave South , Welland, L3B 1R8, Ontario |
Lot Size: | 45.00 x 100.00 (Feet) |
Acreage: | < .50 |
Directions/Cross Streets: | Paul Street |
Rooms: | 7 |
Bedrooms: | 3 |
Bedrooms +: | |
Kitchens: | 1 |
Family Room: | N |
Basement: | Finished, Full |
Approximatly Age: | 51-99 |
Property Type: | Triplex |
Style: | 2-Storey |
Exterior: | Alum Siding |
Garage Type: | None |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 3 |
Pool: | None |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 1100-1500 |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ESCARPMENT REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Freehold - Triplex |
Area: | Niagara |
Municipality: | Welland |
Neighbourhood: | |
Style: | 2-Storey |
Lot Size: | 45.00 x 100.00(Feet) |
Approximate Age: | 51-99 |
Tax: | $2,880 |
Maintenance Fee: | $0 |
Beds: | 3 |
Baths: | 3 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |