$779,000

70 Mill Street

Welland ON, L3C 4Y2

Description

Waterfront Property! Terrific investment opportunity! Fully occupied 6 plex set on a quiet cul-de-sac with a beautiful 300 foot deep lot backing onto the Welland River. Well maintained 3 storey building with long term tenants boasting RM-3 zoning which allows for many purposes. All inclusive rents featuring 3 bachelor units, 2 one bedroom units and 1 two bedroom unit with gross rental income of $48,660. Fire code up to date. Partial sprinkler system in furnace/laundry room. Coin operated laundry. Central air. Windows and roof in good shape. Garage is insulated and has hydro with unit above. Convenient location close to downtown, public transit and amenities. Great turn key investment property! Dont miss out!

Details

MLS#40025918
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site23

Features

SQ Feet2,255
Units6
Building(s)1
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Area Information
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3C 4Y2
Area7 - Welland
Listing VS Median (in L3C 4Y2)
Price:
$779,000
low | high
Med:
$779,000
50% of Average
SqFt:
2,255
low | high
Med:
2,255
50% of Average
$ / SqFt:
$345
low | high
Med:
$345
50% of Average
On Site:
23
low | high
Med:
23
100% of Average
Listing Updated: 10/20/2020
TED BOLDT LogoMLS Number: 40025918
Listing Provided By:
TED BOLDT  of  BOLDT REALTY INC.
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