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$699,900
Available - For Sale
Listing ID: X12762846
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.
Price $699,900
Taxes: $3,993.29
Occupancy by: Vacant
Address: 196 Ross Street , Welland, L3B 2N3, Niagara
Directions/Cross Streets: East Main St & Niagara St
Rooms: 11
Rooms +: 2
Bedrooms: 5
Bedrooms +: 1
Washrooms: 4
Family Room: F
Basement: Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 19.65 12.76
Room 2: Main Kitchen 16.56 10.69
Room 3: Main Bedroom 12.86 8.95
Room 4: Main Bedroom 12.66 11.58
Room 5: Main Bedroom 13.68 10.86
Room 6: Second Living Ro 14.40 9.84
Room 7: Second Kitchen 14.83 14.40
Room 8: Second Bedroom 14.83 14.40
Room 9: Second Living Ro 14.40 9.84
Room 10: Second Kitchen 14.83 14.40
Room 11: Second Bedroom 14.43 10.40
Room 12: Basement Living Ro 13.51 10.36
Room 13: Basement Kitchen 13.48 13.28
Room 14: Basement Bedroom 12.69 10.40
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Second
Washroom 3:  4 Second
Washroom 4:  3 Basement
Washroom 5:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick Veneer
Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 2000-2500
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: Radiant
Central Air Conditioning: Other
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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ROYAL LEPAGE SIGNATURE REALTY

196 Ross Street , Welland, L3B 2N3, Niagara

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style: 2-Storey
Lot Size: x 134.00(Feet)
Approximate Age:
Tax: $3,993.29
Maintenance Fee: $0
Beds: 5+1
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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