3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. Can provide financials upon request. 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. (id:37087)
Business Type | Residential |
Business Sub Type | Residential |
MLS® Number | H4189233 |
Property Type | Multi-family |
Equipment Type | Water Heater |
Features | Paved Driveway |
Parking Space Total | 3 |
Rental Equipment Type | Water Heater |
Architectural Style | 2 Level, Multi-unit |
Basement Development | Finished |
Basement Type | Full (finished) |
Construction Style Attachment | Detached |
Cooling Type | Central Air Conditioning |
Exterior Finish | Aluminum Siding |
Fire Protection | Fire Alarm System |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Exterior | 1523 Sqft |
Size Interior | 1523 Sqft |
Type | Triplex |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 100 Ft |
Size Frontage | 45 Ft |
Size Irregular | 45 X 100 |
Size Total Text | 45 X 100|under 1/2 Acre |
https://www.realtor.ca/real-estate/26683856/301-wallace-avenue-s-welland
Contact us for more information
William Marlow
Salesperson
(905) 573-1188
(905) 573-1189