80 MILL Street 772 - Broadway, Welland, Ontario, CA

Address: 80 MILL Street, Welland, Ontario

5 Beds4 Baths2928 sqftStatus: Buy
Price $799,900

Property Overview


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! (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
2928 sqft
Subdivision Name
772 - Broadway
Title
Freehold
Land Size
under 1/2 acre
Building
Bedrooms
Above Grade
5
Bathrooms
Total
5
Interior Features
Appliances Included
Water meter
Basement Type
Full (Partially finished)
Building Features
Features
Cul-de-sac, Conservation/green belt, Paved driveway, Sump Pump
Foundation Type
Block
Style
Detached
Architecture Style
2 Level
Square Footage
2928 sqft
Rental Equipment
Water Heater
Fire Protection
Smoke Detectors
Structures
Shed
Heating & Cooling
Cooling
Window air conditioner
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Metal, Vinyl siding
Neighbourhood Features
Community Features
Quiet Area
Parking
Total Parking Spaces
10
Land
Other Property Information
Zoning Description
RL2 EPA
Level Rooms Dimensions
Second level Dining room 6'0'' x 10'0''
Living room 12'0'' x 13'6''
Living room 18'5'' x 14'0''
Eat in kitchen 10'0'' x 6'0''
Eat in kitchen 14'0'' x 11'0''
Bedroom 6'5'' x 8'5''
4pc Bathroom 12'0'' x 6'0''
Bedroom 12'0'' x 10'0''
4pc Bathroom 11'0'' x 9'0''
Main level Dining room 11'0'' x 8'0''
4pc Bathroom 9'0'' x 6'0''
Recreation room 25'0'' x 23'0''
Bedroom 11'6'' x 11'0''
Living room 16'8'' x 14'3''
Bedroom 10'11'' x 11'8''
Eat in kitchen 15'1'' x 11'5''
4pc Bathroom 7'0'' x 4'0''
Bedroom 12'0'' x 11'4''

Features
           Cul-de-sac            Conservation/green belt            Paved driveway
           Sump Pump            Water meter            Window air conditioner
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Your Home Finance Calculation

Property Price CA $799,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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