301 Wallace Avenue S Welland, Ontario - MLS#: H4189233
$624,900
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:51158)
MLS: H4189233 For sale : 301 WALLACE Avenue S 3-Unit units recently renovated and fully leased for sale. grossing @4200 monthly. Separated metered, tenants pay hydro. Leases still have a healthy term left. Great tenants, haven’t missed rent. Attach schedule B and 801. RSA. (id:51158)
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Business
Business Type | Residential |
Business Sub Type | Residential |
Property Details
MLS® Number | H4189233 |
Property Type | Multi-family |
Equipment Type | Water Heater |
Features | Paved Driveway |
Parking Space Total | 3 |
Rental Equipment Type | Water Heater |
About 301 Wallace Avenue S, Welland, Ontario
Building
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 |
Parking
No Garage |
Land
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
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