23 Saint Andrews Avenue, Welland (Lincoln/Crowland), ON L3B1E2
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Listing Type
Multi Family
Listing Status
Off Market
0
$1,399,900
Home Details for 23 Saint Andrews Avenue
Price
$1,399,900
Type
Residential Income
Bedrooms
0
Bathrooms
6.0
Square feet
NaN
Parking
Days on site
29
Listing #
X12440067
Property Description
Rock-solid, purpose-built 6-unit powerhouse on a prime corner lot along St Andrews Street in Welland's serene residential pocket, with elementary school across the street - foot traffic without the chaos, attract quality tenants will stick around for the stability and quality. This isn't some fixer-upper gamble; it's a battle-tested performer churning out excellent gross income right now, with tonnes of untapped equity with operations tweaks and NOI boosts that could flip the script on your returns, priming it for that classic BRRRR play - buy smart, refine sharp, refinance fat, and repeat the win. Quality screams from every angle: paved parking that keeps headaches at bay, on-site coin laundry pulling in steady side cash, separate hydro meters, and dual entrances that lock in safety without skimping on access. For the investor eyeing that next leap into bigger multifamily waters, this is your unflashy powerhouse - delivering immediate cash flow with the muscle to scale. (id:31684)
Property Features
Cooling Information
None
Heating Information
Radiant
Listing Courtesy: ROCK STAR REAL ESTATE INC.
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Market statistics compiled from data from Canadian Real Estate Association.