196 Ross Street, Welland, Ontario  L3B 2N3 - Photo 1 - 40803252
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196 Ross Street
Welland, Ontario L3B 2N3

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 and boiler! 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:15265)

$699,900 For sale

MLS® Number
40803252
Type
Multi-family
Building Type
Fourplex
Bedrooms
6
Bathrooms
4
Parking
4
SQ Footage
2,220 ft2
Constructed Date
1950
Heating
Radiant Heat

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Property Details

MLS® Number 40803252
Property Type Multi-family
EquipmentType Water Heater
Features Laundry- Coin Operated
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Parking

Open

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 134 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription G1, Rm

Building

BathroomTotal 4
BedroomsTotal 6
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1950
ExteriorFinish Other
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 2,220 Ft2
Type Fourplex
UtilityWater Municipal Water

Location Map

Interested In Seeing This property?Get in touch with a Davids & Delaat agent

agent terence davids

Terence Davids

Team Leader & Sales Representative

Contact Agent
katherine rodgers

Katherine Rodgers

Sales Representative

Contact Agent

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