Homes for sale - 80 Mill Street, Welland, ON L3C 4Y2

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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

Listed by Isabel Pinheiro • THE AGENCY

$774,900

Est. payment - /mo

5 Beds

4 Baths

2,928 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,928 sqft

Price per Sqft $264

MLS Listing ID 40754506

Style Two Story

Bedrooms 5

Full Baths 4

Abv Grd Liv Area 2,928

Annual Tax Amount $5,457

Property Sub-Type Detached

Source Cornerstone

Property Description

PRIME RIVERFRONT INVESTMENT OPPORTUNITY! 80 Mill St, a rare and lucrative investment opportunity awaits with this triplex, strategically located in the heart of Welland. This property features (3) distinct rental units, making it an ideal choice for investors seeking immediate cash flow and long term growth potential. Situated on a generous .50 acre lot backing onto the Welland River, this triplex combines tranquillity of a country like setting with the convenience of urban amenities, ensuring strong tenant appeal and consistent rental demand. The main floor unit is a standout, having been updated to modern standards offering a spacious 3 bedroom, 2 bathroom layout, complete with a finished basement that adds valuable space. The two upper units, each featuring 1 bedroom and 1 bathroom, are currently tenanted, providing investors with immediate rental income. The property's exterior is equally impressive, with ample parking space to accommodate tenants. Location is a key highlight as the property is conveniently close to schools, grocery stores, shopping centres, restaurants, and recreational facilities. Proximity to major roadways also ensures easy commutes to surrounding areas. This property has lots of potential with its combination of immediate rental income from tenants in the upper units, a modernized main floor unit, and a large lot offering future value opportunities. This is a turnkey investment! Don't miss your chance to own this exceptional investment property!

Location

Province ON

County Niagara

Area Welland

Zoning RL2 EPA

Direction Niagara Street to Mill Street

Rooms

Other Rooms Shed(s)

Basement Development Potential, Full, Partially Finished, Sump Pump

Main Level Bedrooms 3

Bedroom 2 2

Kitchen 3

Interior

Interior Features Water Meter

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Fireplace No

Laundry In Basement

Exterior

Exterior Feature Awning(s), Balcony, Landscaped, Private Entrance

Parking Features Asphalt

Waterfront Description River,Direct Waterfront,North,River Front,River/Stream

View Y/N true

View River

Roof Type Asphalt Shing,Flat

Porch Deck

Lot Frontage 50.0

Lot Depth 270.0

Garage No

Building

Lot Description Urban, Ample Parking, Cul-De-Sac, Greenbelt, Quiet Area

Faces Niagara Street to Mill Street

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal-Metered

Architectural Style Two Story

Structure Type Metal/Steel Siding,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 641040069

Ownership Freehold/None

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

80 Mill Street Welland, ON L3C 4Y2

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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80 Mill Street