Property Description

Investors hunting for positive cash flow, look no further! 197 Edgar St. turnkey legal 3-unit home (aka triplex) is waiting for a savvy investor or homeowner looking for a mortgage helper (live in one unit and rent out the other two). Almost 2,000 sq ft. house is located in one of the top neighbourhoods in Welland, close to Chippewa Park, skating ponds, splash pads, Niagara College and lots of other amenities. All units (each approx. 1,000 sq. ft in size) have updated modern kitchens with quartz countertops and stainless-steel appliances. Unit 1 is 2 Bed 1 Bath (4-piece), Unit 2 is 3 bed 1 bath (4-piece) and Unit 3 is 2 bed 2 Bath (4-piece). In-suite laundry, spacious bedrooms and ample living space with a ton of natural light top off the main features of the home. Updates include: 3 separate hydro meters, 3 water tanks, roof, soffits, facia & downspouts. With projected rents of $6K/month or $72K/year this one is cash flow positive. Don’t miss out on this phenomenal property.

Features
: Gas Forced Air Closd
: Y
: Y
Address Map
CA
Ontario
Welland
L3C 1T3
Edgar
197
0
W80° 44' 40.4''
N43° 0' 9.7''
More info
ROCK STAR REAL ESTATE INC.
0
2023-11-18 12:35:37.0
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Investment For Sale

197 Edgar St, Welland, Ontario L3C 1T3

  • Area: 1,968 Sqft
  • Visits : 20 in 366 days
$974,888
Listing ID#X7308600
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : X7308600
Price : $974,888
Area : 1,968 Sqft
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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