27 Park Street Welland, Ontario
PROPERTY INFO
Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside. (id:4555)
PROPERTY SPECS
Price $599,999
City Welland, Ontario
Bed / Bath 7 / 3 Full
Address 27 PARK Street
Listing ID 40877727
Style Triplex
Parking 6.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Ownership
Freehold Basement
Unfinished, Partial Heating / Cooling
Baseboard heaters, Electric Sewer
Municipal sewage system Parking
6.00
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