80 Mill Street, Welland, Ontario

$799,900

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5

Beds

4

Baths

2,928

Square feet

About 80 Mill Street

PRIME RIVERFRONT INVESTMENT OPPORTUNITY! 80 Mill St, a rare and lucrative investment opportunity awaits with this triplex, strategically located in the heart of Welland. This property features (3) distinct rental units, making it an ideal choice for investors seeking immediate cash flow and long term growth potential. Situated on a generous .50 acre lot backing onto the Welland River, this triplex combines tranquillity of a country like setting with the convenience of urban amenities, ensuring strong tenant appeal and consistent rental demand. The main floor unit is a standout, having been updated to modern standards offering a spacious 3 bedroom, 2 bathroom layout, complete with a finished basement that adds valuable space. The two upper units, each featuring 1 bedroom and 1 bathroom, are currently tenanted, providing investors with immediate rental income. The property's exterior is equally impressive, with ample parking space to accommodate tenants. Location is a key highlight as the property is conveniently close to schools, grocery stores, shopping centres, restaurants, and recreational facilities. Proximity to major roadways also ensures easy commutes to surrounding areas. This property has lots of potential with its combination of immediate rental income from tenants in the upper units, a modernized main floor unit, and a large lot offering future value opportunities. This is a turnkey investment! Don't miss your chance to own this exceptional investment property! (id:36535)

Features of 80 Mill Street

Listing # 40754506
Price $799,900
Bedrooms 5
Bathrooms 4.00
Square Footage 2,928
Acres 0.00
Type Single Family
Sub-Type Freehold
Style 2 Level

Community Information

Address 80 Mill Street
Subdivision 772 - Broadway
City Welland
Province Ontario
Postal Code L3C4Y2

Amenities

Features Cul-de-sac, Conservation/green belt, Paved driveway, Sump Pump
Parking Spaces 10
View River view
Is Waterfront Yes
Waterfront Waterfront on river
Has Pool No

Interior

Appliances Water meter
Heating Natural gas Forced air
Cooling Window air conditioner
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Partially finished)
Basement Development Partially finished

Exterior

Exterior Metal, Vinyl siding
Foundation Block

Listing Details

OfficeCourtesy Of ISABEL PINHEIRO Of THE AGENCY

Listing Map