225 Chaffey Street Welland (Lincoln/crowland), Ontario L3B 2Y7
$634,900
Investor Alert Vacant Duplex with $40K+ NOI & Triplex Potential! Vacant possession after May 31, 2025 set your own rents and choose your tenants. This turnkey duplex in central Welland offers $40,000+ projected NOI and over $800/month cash flow, with separate utilities for both spacious 2-bed units. Basement with separate entrance and full ceiling height is primed for triplex conversion (waterproofed with sump pump). Parking for 34 vehicles. A strong, flexible asset in a high-demand rental market! (id:50787)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12055019 |
| Property Type | Multi-family |
| Community Name | 773 - Lincoln/Crowland |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Age | 51 To 99 Years |
| Appliances | Dishwasher, Dryer, Microwave, Range, Two Stoves, Water Heater, Two Washers, Two Refrigerators |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2064 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 125 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 125 Ft |
| Size Total Text | 40 X 125 Ft |
| Zoning Description | Rl2 |
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May 01 2025 08:57:09
Oakville, Milton & District Real Estate Board
Rock Star Real Estate Inc., Brokerage