Welland, ON L3C 4M3,107 Elizabeth Street
Welland, ON L3C 4M3,107 Elizabeth Street
Welland, ON L3C 4M3,107 Elizabeth Street
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$649,000
Est. payment /mo
6 Beds
3,235 SqFt
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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


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Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE

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agent

Isaac Rosebrugh

+1(519) 754-6611

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