ON > Welland > 772 - Broadway
Welland, ON L3C4Y2,80 MILL Street
Welland, ON L3C4Y2,80 MILL Street
Welland, ON L3C4Y2,80 MILL Street
Welland, ON L3C4Y2,80 MILL Street
Welland, ON L3C4Y2,80 MILL Street
Welland, ON L3C4Y2,80 MILL Street
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Roshan Basnet

Roshan Basnet

+1(647) 818-7373
$ 799,900
Est. payment | /mo

5 Beds

4 Baths

2,928 SqFt

Save
$ 799,900
Est. payment | /mo
Save

5 Beds

4 Baths

2,928 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,928 sqft

Price per Sqft $273

Subdivision 772 - Broadway

MLS® Listing ID 40755221

Bedrooms 5

Property Sub-Type Freehold

Source Cornerstone - Waterloo Region

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! (id:24570)

Location

Province ON

Lake Name Welland River

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Exterior

Parking Features No

Community Features Quiet Area

View Y/N Yes

View No Water View

Total Parking Spaces 10

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Water Welland River

Others

Ownership Freehold

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

realtorbasnet@gmail.com

4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

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80 MILL Street