Located in the beautiful city of Welland, this fully tenanted property presents an exceptional cash flow-positive investment. With tenants already in place paying competitive rents, the property is currently grossing $62,400 annually and is being offered at an approximate 7% cap rate. Conveniently situated near a wide range of amenities, including restaurants, Chippawa Park, shopping centers, schools, and public transportation, this property has much to offer. Don't miss out on the chance to add this well-located, income-generating asset to your portfolio!
101 Niagara Street
769 - Prince Charles, Welland, Niagara $639,900 2Make an offer
6 Beds
4 Baths
2000-2500 sqft
Parking for 4
- MLS®#:
- X12058582
- Property Type:
- Triplex
- Property Style:
- 2-Storey
- Area:
- Niagara
- Community:
- 769 - Prince Charles
- Taxes:
- $3,950.77 / 2024
- Added:
- April 03 2025
- Lot Frontage:
- 56.26
- Lot Depth:
- 92.7
- Status:
- Active
- Outside:
- Brick
- Year Built:
- Basement:
- Finished
- Brokerage:
- CENTURY 21 HERITAGE GROUP LTD.
- Lot :
-
92
56
- Intersection:
- South of Woodlawn/41 on Niagara St/50
- Rooms:
- Bedrooms:
- 6
- Bathrooms:
- 4
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- None
- Heating Type:
- Forced Air
- Heating Fuel:
Listing Details
Insights
- Strong Cash Flow: This property is currently grossing $62,400 annually with tenants already in place, offering a competitive 7% cap rate, making it an attractive investment for cash flow.
- Prime Location: Situated in Welland, the property is conveniently located near amenities such as restaurants, parks, shopping centers, schools, and public transportation, enhancing its appeal to potential tenants.
- Spacious Living: With 6 bedrooms and 4 bathrooms, this triplex offers ample living space, making it suitable for larger families or multiple tenants, thereby maximizing rental income potential.
Sale/Lease History of 101 Niagara Street
View all past sales, leases, and listings of the property at 101 Niagara Street.Neighbourhood
Schools, amenities, travel times, and market trends near 101 Niagara StreetSchools
4 public & 4 Catholic schools serve this home. Of these, 8 have catchments. There is 1 private school nearby.
Parks & Rec
3 volleyball courts, 2 rinks and 5 other facilities are within a 20 min walk of this home.
Transit
Street transit stop less than a 2 min walk away.
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769 - Prince Charles home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in 769 - Prince Charles
Insights for 101 Niagara Street
View the highest and lowest priced active homes, recent sales on the same street and postal code as 101 Niagara Street, and upcoming open houses this weekend.
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