$595,000
$624,900
4.8%For more information regarding the value of a property, please contact us for a free consultation.
301 Wallace AVE S Welland, ON L3B 1R8
3 Beds
3 Baths
Key Details
Sold Price $595,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X8312958
Sold Date 08/21/24
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,880
Tax Year 2023
Property Sub-Type Triplex
Property Description
3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. 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.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Finished, Full
Kitchen 1
Interior
Interior Features Other
Cooling Central Air
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 45.0
Lot Depth 100.0
Total Parking Spaces 3
Building
Building Age 51-99
Foundation Concrete Block
Others
ParcelsYN No
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