80 Mill Street, Welland (broadway), Ontario

$799,900

Previous Next

5

Beds

4

Baths

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 # X12312953
Price $799,900
Bedrooms 5
Bathrooms 4.00
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

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

Amenities

Parking Spaces 10
Parking No Garage
Is Waterfront Yes
Waterfront Waterfront
Has Pool No

Interior

Appliances Stove, Refrigerator
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 Steel, Vinyl siding
Lot Description 50 x 270 FT
Foundation Block

Listing Details

OfficeCourtesy Of Eli Milenkoff Of The Agency

Listing Map