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Property Details
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Status For Sale
Price $674,900
Address 301 Wallace Avenue South
Welland, Ontario
Reference H4189233
Style 2 Storey
Type Multi-Residential
Lot Size 45.00 X 100.00
Rooms Total: N/A
Bedrooms: 4    Bathrooms: N/A
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Description
3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. Can provide financials upon request. You won't find a property in the area that is grossing this much per month in rental income for the price. All units are separately metered so tenants pay their own hydro. All appliances are electric so the usage is billed to the Tenants hydro bill which they pay for. Leases still have a healthy term left. Great tenants, haven't missed rent and pay on time.
Driveway Private Single Wide
Parking 3.0
Garage None
Basement Separate EntranceFull
Central Air Yes
Heat Source Gas
Heat Type Forced Air
Sewers Sewer
Water Municipal
Property Listed By
William Marlow - RE/MAX Escarpment Realty Inc., Brokerage
Great new property for sale in Welland, Ontario. 3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. Can provide financials upon request. You won't find a property in the area that is grossing this much per month in rental income for the price. All units are separately metered so tenants pay their own hydro. All appliances are electric so the usage is billed to the Tenants hydro bill which they pay for. Leases still have a healthy term left. Great tenants, haven't missed rent and pay on time.
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