196 Ross Street, Welland (Welland Downtown), ON L3B2N3
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Listing Type
Multi Family
Listing Status
Active
15
$699,900
Home Details for 196 Ross Street
Price
$699,900
Type
Residential Income
Bedrooms
6
Bathrooms
4.0
Square feet
NaN
Parking
Days on site
19
Listing #
X12762846
Property Description
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:31684)
Property Features
Heating Information
Radiant
Listing Courtesy: ROYAL LEPAGE SIGNATURE REALTY
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Market statistics compiled from data from Canadian Real Estate Association.