6 Bedroom
4 Bathroom
2000 - 2500 sqft
Central Air Conditioning
Radiant Heat
$824,900
Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering 3 fully self-contained legal units. The property features two units in the main building and a standalone 2-bedroom garden suite, all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, and access to a private front balcony. The garden suite includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rent, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location. (id:60365)
Property Details
MLS® Number
|
X12464110 |
Property Type
|
Multi-family |
Community Name
|
773 - Lincoln/Crowland |
Features
|
Guest Suite, In-law Suite |
ParkingSpaceTotal
|
6 |
Building
BathroomTotal
|
4 |
BedroomsAboveGround
|
5 |
BedroomsBelowGround
|
1 |
BedroomsTotal
|
6 |
Amenities
|
Separate Electricity Meters, Separate Heating Controls |
Appliances
|
Water Heater, Dishwasher, Dryer, Microwave, Stove, Two Washers, Refrigerator |
BasementDevelopment
|
Partially Finished |
BasementType
|
Full (partially Finished) |
CoolingType
|
Central Air Conditioning |
ExteriorFinish
|
Stone, Vinyl Siding |
FoundationType
|
Block |
HalfBathTotal
|
1 |
HeatingFuel
|
Natural Gas |
HeatingType
|
Radiant Heat |
StoriesTotal
|
2 |
SizeInterior
|
2000 - 2500 Sqft |
Type
|
Triplex |
UtilityWater
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
SizeDepth
|
119 Ft |
SizeFrontage
|
60 Ft |
SizeIrregular
|
60 X 119 Ft |
SizeTotalText
|
60 X 119 Ft |
https://www.realtor.ca/real-estate/28993492/111-mcalpine-avenue-s-welland-lincolncrowland-773-lincolncrowland