79 Burgar Street Active

Welland,ON L3B 2S9

$ 699900

7 Beds

3 Baths

2919 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,919 sqft

Price per Sqft $239

MLS Listing ID 40749129

Bedrooms 7

Abv Grd Liv Area 2,919

Annual Tax Amount $3,860

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

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.

Location

Province ON

County Niagara

Area Welland

Zoning RL2

Direction BURGAR STREET & DIVISION STREET

Rooms

Other Rooms Shed(s)

Basement Separate Entrance,Full,Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Baseboard,Radiant

Cooling None

Fireplace No

Appliance Refrigerator,Stove

Laundry Coin Operated,Shared

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Roof Type Asphalt Shing

Lot Frontage 53.3

Lot Depth 95.0

Garage Yes

Building

Lot Description Rectangular,Park,Public Transit,Schools

Faces BURGAR STREET & DIVISION STREET

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Stucco,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 641070247

Ownership Freehold/None

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