5 Beds 4 Bath

80 Mill Street, Welland, ON L3C 4Y2

Welland L3C 4Y2 Ontario

MLS: X12312953

$774,900

Added 7 hours ago | For Sale

Listed by: The Agency

About Property

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!

Features

  • House Style:Detached
  • Bathrooms:4
  • Land Size: 50 X 270
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Niagara Street & Mill Street
  • Basement:Full,Partially Finished , Full,Partially Finished
  • Possession Date:Immediate
  • Annual Property taxes: $5457.48
  • Bedrooms:5
  • Total Parking Spaces:10
  • Parking Places:10
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12312953

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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