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! |
Price | $799,900 |
Taxes: | $5457.00 |
Occupancy: | Owner+T |
Address: | 80 Mill Stre , Welland, L3C 4Y2, Niagara |
Directions/Cross Streets: | Niagara Street & Mill Street |
Rooms: | 12 |
Bedrooms: | 5 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Full, Partially Fi |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Second |
Washroom Type 2 | 4 | Main |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Second |
Washroom Type 7 | 4 | Main |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Property Type: | Detached |
Style: | 2-Storey |
Exterior: | Metal/Steel Sidi, Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Private Do |
Drive Parking Spaces: | 10 |
Park #1 | |
Parking Type: | Private Do |
Park #2 | |
Parking Type: | Private Do |
Pool: | None |
Approximatly Square Footage: | 2500-3000 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
The Agency |
|
Virtual Tour | Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | Niagara |
Municipality: | Welland |
Neighbourhood: | 772 - Broadway |
Style: | 2-Storey |
Tax: | $5,457 |
Beds: | 5 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |