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196 Ross Street Welland, Ontario L3B 2N3

4 Bathroom 2220 sqft
Fully Air Conditioned Radiant Heat

$699,900

Welcome To An Excellent Investment Opportunity In The Heart Of Welland! This Solid Fourplex Is A Rare Find For Savvy Investors Looking To Add A Multi-Unit Property To Their Portfolio. Over +$72k in annual income, cashflow machine! Featuring Separate Hydro Meters For Each Unit Plus A House Meter, This Property Offers Added Convenience And Long-Term Cost Efficiency. This Multi-Unit Property Is Zoned Residential Medium Density (RM), Allowing For Excellent Flexibility And Future Potential. Mechanically updated w/ breaker panel, vinyl windows, boiler & roof shingles! Ideally Located On Ross Street In A Mature, Central Neighbourhood, This Property Is Close To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Minutes To Downtown Welland, The Welland Canal, Niagara College, And Easy Access To Major Roads Connecting You To Niagara Falls, St. Catharines, And Hwy 406. With Strong Rental Demand In The Area And A Growing Community, This Fourplex Presents An Excellent Opportunity For Steady Cash Flow And Future Appreciation. A Smart Addition To Any Investment Portfolio In One Of Niagara's Up And-Coming Markets. (id:60365)

Property Details

MLS® Number X12762858
Property Type Business
Community Name 768 - Welland Downtown
AmenitiesNearBy Public Transit

Building

BathroomTotal 4
CoolingType Fully Air Conditioned
HeatingType Radiant Heat
SizeInterior 2220 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 134 Ft
SizeFrontage 39 Ft ,6 In
SizeIrregular 39.54 X 134 Ft
SizeTotalText 39.54 X 134 Ft
ZoningDescription G1, Rm

https://www.realtor.ca/real-estate/29329681/196-ross-street-welland-welland-downtown-768-welland-downtown

Thomas George Pobojewski
Broker


Royal LePage Signature Realty
30 Eglinton Ave W Ste 7
Mississauga, Ontario L5R 3E7

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