196 Ross Street
Welland, L3B 2N3
FOR SALE
$699,900

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Investment
CATEGORY39.54 x 134
LOT SIZEX12762858
MLSIDContact Us
Property Description
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.
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Property Details
Address
196 Ross Street
Community
City
Postal Code
L3B 2N3
Property Type
Investment, Investment
Use
Accommodation
Zoning
G1, RM
Lot Size
40' x 134'
Taxes
$3,993 (2025
Heat Type
Radiant
Water
Municipal
Garage Type
None
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Listing contracted with Royal Lepage Signature Realty
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