RE/MAX ESCARPMENT REALTY INC., BROKERAGE

$799,000

79 Burgar Street, Welland, Ontario

7 Bedrooms

3 Bathrooms

2500 Sqft

Property

MLS® Number: X11935687

Address: 79 Burgar Street

City: Welland

Style: 2-Storey

Exterior: Stucco (Plaster), Vinyl Siding

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Utilities

Heating: Gas, Baseboard

Parking

Parking Spaces: 4

Attention investors! This turnkey triplex in Welland offers exceptional income potential with market rents and minimal vacancy risk. The property features three large, well-maintained units, each with private entrances and separate hydro meters for tenant convenience. Unit 1: Spacious 2-bedroom unit, rented at $1,742.50/month + hydro. Unit 2: Large 3-bedroom unit, rented at $1,885.88/month + hydro. Unit 3: Cozy 2-bedroom unit in a detached coach house with a private garage, rented at $1,537.50/month + hydro & gas. Additional income from coin-operated laundry: $100/month. Features Include an excellent location close to schools, shopping, and transit. Ample parking. Separate hydro meters for all units. Updated interiors and well-maintained exterior. Coach house offers unique appeal with garage space. This property is a fantastic addition to any real estate portfolio with solid cash flow and future growth potential.

Property Sale History

Travel and Neighbourhood

Very Walkable

Location

Kayla Smith
Kayla Smith

REALTOR®

RE/MAX Escarpment

Contact Kayla Smith
William Smith
William Smith

Sales Representative

RE/MAX Escarpment

Contact William Smith