197 Edgar St Welland, Ontario L3C 1T3
$989,900
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. (id:26892)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X7023382 |
| Property Type | Multi-family |
| Parking Space Total | 5 |
Building
| Cooling Type | Fully Air Conditioned |
| Size Interior | 1,968 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | Unit=65 X 104 Ft |
| Size Total Text | Unit=65 X 104 Ft |
https://www.realtor.ca/real-estate/26090071/197-edgar-st-welland
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October 19 2023 06:33:43
Toronto Real Estate Board
Rock Star Real Estate Inc.