107 Elizabeth Street
Welland, L3C 4M3
FOR SALE
$649,000

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Investment
CATEGORY3,235 Sq Ft
TOTAL AREAX12044462
MLSIDContact Us
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).
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Property Details
Address
107 Elizabeth Street
Community
City
Postal Code
L3C 4M3
Property Type
Investment, Investment
Use
Apartment
Zoning
RL2
Lot Size
62' x 111'
Total Area
3,235 Sq Ft
Acreage
6,974.2 Feet
Taxes
$3,229 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Single Detached
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Listing contracted with Coldwell Banker Advantage Real Estate Inc, Brokerage
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