Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering 3 fully self-contained legal units. The property features two units in the main building and a standalone 2-bedroom garden suite, all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, and access to a private front balcony. The garden suite includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rent, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location. (id:51532)
Tags
Property Summary
Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
773 - Lincoln/Crowland
Land Size
60 x 119 FT
Parking Type
No Garage
Building
Bedrooms
Above Grade
5
Below Grade
1
Bathrooms
Total
6
Partial
1
Interior Features
Appliances Included
Water Heater, Dishwasher, Dryer, Microwave, Stove, Two Washers, Refrigerator
Basement Type
Full (Partially finished)
Building Features
Features
Guest Suite, In-Law Suite
Foundation Type
Block
Square Footage
2000 - 2500 sqft
Building Amenities
Separate Electricity Meters, Separate Heating Controls
