Description

Price : $599,900.00 MLS^® : X12058582 / 101 Niagara Street, Welland, ON L3C 1J4

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!

Location Description

South of Woodlawn/41 on Niagara St/50

Property Details

• Community: 769 - Prince Charles
• Property Type: Tenant/Residential Freehold
• Bedrooms: 6
• Bath: 4
• Garages: None
• Annual Property Taxes : $ 3950.77

Building Features

• Foundation Type: Stone
• Counstruction Material : Brick
• Total Parking Space : 4
• Parking Type : None

Features

• Heating : Forced AirGas
• Sewer : Sewer ,

Land (Lot Features)

• Frontage: 56.26 sq.ft
• Land Depth: 92.7sq.ft

Listing Contracted With: CENTURY 21 HERITAGE GROUP LTD.