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80 Mill Street Welland, Ontario

$774,900
5 Beds
  4 Full

PROPERTY INFO

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:4555)

PROPERTY SPECS

Price $774,900
City Welland, Ontario
Bed / Bath 5 / 4 Full
Address 80 MILL Street
Listing ID 40755221
Style Triplex
Parking 10.00
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Community Features Quiet Area Features Cul-de-sac, Conservation/green belt, Paved driveway, Sump Pump Ownership Freehold Views No Water View Basement Partially finished, Full Heating / Cooling Forced air, Natural gas Sewer Municipal sewage system Parking 10.00



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Windsor: 519-903-9355
Toronto: 905-220-7333
Office: 905-335-3042

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