107 Elizabeth Street Active Save Request In-Person Tour Request Virtual Tour
Welland,ON L3C 4M3
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,235 sqft
Price per Sqft $200
MLS Listing ID 40708735
Bedrooms 6
Abv Grd Liv Area 3,235
Annual Tax Amount $3,229
Property Sub-Type Multi-3 Unit
Source Waterloo Region
Property Description
Welcome to 107 Elizabeth in Welland's sought-after north end! This turnkey triplex presents an exceptional chance to capitalize on a cash flow positive property in a prime location. Located in the heart of Welland's thriving community this triplex boasts convenience and accessibility. Situated near amenities, schools, parks, and with easy access to major transportation routes, tenants will appreciate the convenience this location offers. The property itself is a testament to smart investment. Currently configured as a triplex, it generates consistent cash flow, making it an attractive option for investors. But the potential doesn't stop there - drawings are already in place to convert this property into a four-unit building, maximizing its income-generating potential. Recent updates include: a new furnace (2023) and fireplace (2023).
Location
Province ON
County Niagara
Area Welland
Zoning RL2
Direction OFF NIAGARA STREET - BETWEEN THOROLD ROAD & MAIN STREET
Rooms
Basement Partial,Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Laundry Shared
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Roof Type Asphalt Shing
Lot Frontage 61.75
Lot Depth 111.49
Garage Yes
Building
Lot Description Hospital,Place of Worship,Public Transit,Regional Mall,School Bus Route,Schools
Faces OFF NIAGARA STREET - BETWEEN THOROLD ROAD & MAIN STREET
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 640900309
Ownership Freehold/None