Key Facts
- MLS® #: 40754506
- Secondary MLS® #: X12312953
- Property ID: SIRC2544442
- Property Type: Residential, Single Family Detached
- Living Space: 2,928 sq.ft.
- Bedrooms: 5
- Bathrooms: 4
- Parking Spaces: 10
- Listed By:
- THE AGENCY
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!
Downloads & Media
Rooms
- TypeLevelDimensionsFlooring
- BedroomMain11' 3.8" x 12' 9.4"Other
- BathroomMain4' 3.1" x 6' 11.8"Other
- Kitchen With Eating AreaMain11' 5" x 15' 11"Other
- BedroomMain11' 8.1" x 10' 11.1"Other
- Living roomMain14' 2.8" x 16' 8"Other
- BedroomMain10' 11.8" x 11' 6.1"Other
- Recreation RoomMain22' 11.9" x 25'Other
- BathroomMain6' 4.7" x 8' 11.8"Other
- Bathroom2nd floor8' 11.8" x 10' 11.8"Other
- Bedroom2nd floor10' 7.8" x 12' 9.4"Other
- Bathroom2nd floor6' 4.7" x 12' 9.4"Other
- Bedroom2nd floor8' 5.1" x 6' 5.1"Other
- Kitchen With Eating Area2nd floor10' 11.8" x 14' 11"Other
- Living room2nd floor14' 11" x 18' 4.8"Other
- Kitchen With Eating Area2nd floor6' 4.7" x 10' 7.8"Other
- Dining roomMain8' 6.3" x 10' 11.8"Other
- Living room2nd floor13' 5.8" x 12' 9.4"Other
- Dining room2nd floor10' 7.8" x 6' 4.7"Other
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Location
80 Mill Street, Welland, Ontario, L3C 4Y2 Canada
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