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301 Wallace Avenue S Welland, Ontario L3B 1R8

1523 sqft
2 Level, Multi-Unit Central Air Conditioning Forced Air

$674,900

3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. Can provide financials upon request. 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. (id:52486)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number H4189233
Property Type Multi-family
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Architectural Style 2 Level, Multi-unit
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding
Fire Protection Fire Alarm System
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Exterior 1523 Sqft
Size Interior 1523 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 45 Ft
Size Irregular 45 X 100
Size Total Text 45 X 100|under 1/2 Acre

https://www.realtor.ca/real-estate/26683856/301-wallace-avenue-s-welland

Interested?

Contact us for more information


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William Marlow
Salesperson

(905) 906-1773
(905) 573-1189

RE/MAX Escarpment Realty Inc
#101-325 Winterberry Drive
Stoney Creek, Ontario L8J 0B6

(905) 573-1188
(905) 573-1189

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