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196 Ross Street Welland (Welland Downtown), Ontario L3B 2N3

6 Bedroom 4 Bathroom 2000 - 2500 sqft
Radiant Heat

$699,900

Welcome To An Excellent Investment Opportunity In The Heart Of Welland! This Solid Fourplex Is A Rare Find For Savvy Investors Looking To Add A Multi-Unit Property To Their Portfolio. Over +$72k in annual income, cashflow machine! Featuring Separate Hydro Meters For Each Unit Plus A House Meter, This Property Offers Added Convenience And Long-Term Cost Efficiency. This Multi-Unit Property Is Zoned Residential Medium Density (RM), Allowing For Excellent Flexibility And Future Potential. Mechanically updated w/ breaker panel, vinyl windows and, boiler! Ideally Located On Ross Street In A Mature, Central Neighbourhood, This Property Is Close To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Minutes To Downtown Welland, The Welland Canal, Niagara College, And Easy Access To Major Roads Connecting You To Niagara Falls, St. Catharines, And Hwy 406. With Strong Rental Demand In The Area And A Growing Community, This Fourplex Presents An Excellent Opportunity For Steady Cash Flow And Future Appreciation. A Smart Addition To Any Investment Portfolio In One Of Niagara's Up And-Coming Markets. (id:48469)

Property Details

MLS® Number X12762846
Property Type Multi-family
Community Name 768 - Welland Downtown
EquipmentType Water Heater
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsAboveGround 5
BedroomsBelowGround 1
BedroomsTotal 6
BasementDevelopment Finished
BasementType N/a (finished)
ExteriorFinish Brick Veneer, Vinyl Siding
FoundationType Unknown
HeatingFuel Other
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 134 Ft
SizeFrontage 39 Ft ,6 In
SizeIrregular 39.5 X 134 Ft
SizeTotalText 39.5 X 134 Ft
ZoningDescription Residential Medium Density (rm)

Rooms

Level Type Dimensions
Second Level Bedroom 4.4 m x 3.17 m
Second Level Living Room 4.39 m x 3 m
Second Level Kitchen 4.52 m x 4.39 m
Second Level Bedroom 4.52 m x 4.39 m
Second Level Living Room 4.39 m x 3 m
Second Level Kitchen 4.52 m x 4.39 m
Basement Living Room 4.12 m x 3.16 m
Basement Kitchen 4.11 m x 4.05 m
Basement Bedroom 3.87 m x 3.17 m
Main Level Living Room 5.99 m x 3.89 m
Main Level Kitchen 5.05 m x 3.26 m
Main Level Bedroom 3.92 m x 2.73 m
Main Level Bedroom 3.86 m x 3.53 m
Main Level Bedroom 4.17 m x 3.31 m

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29329680/196-ross-street-welland-welland-downtown-768-welland-downtown

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