225 Chaffey Street, Welland, ON L3B 2Y7

Welland L3B 2Y7 Ontario

MLS: X12055019

$599,900

Added 2 days ago | For Sale

Listed by: Rock Star Real Estate Inc., Brokerage

About Property

Investor Alert Vacant Duplex with $40K+ NOI & Triplex Potential! Vacant possession after May 31, 2025 set your own rents and choose your tenants. This turnkey duplex in central Welland offers $40,000+ projected NOI and over $800/month cash flow, with separate utilities for both spacious 2-bed units. Basement with separate entrance and full ceiling height is primed for triplex conversion (waterproofed with sump pump). Parking for 34 vehicles. A strong, flexible asset in a high-demand rental market!

Features

  • House Style:Investment
  • Bathrooms:2
  • Land Size: 40 X 125
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Ontario Rd.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $2670
  • Bedrooms:
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12055019

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