225 Chaffey Street
Welland, L3B 2Y7
FOR SALE
$599,900
➧
➧
Investment
CATEGORY2,064 Sq Ft
TOTAL AREAX12055019
MLSIDContact Us
Property Description
Investor Alert - Vacant Duplex with $40K+ NOI & Triplex Potential! 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!
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Property Details
Address
225 Chaffey Street
Community
City
Postal Code
L3B 2Y7
Property Type
Investment, Investment
Use
Apartment
Zoning
RL2
Lot Size
40' x 125'
Total Area
2,064 Sq Ft
Taxes
$2,670 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
4
Garage Type
Outside/Surface
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Listing contracted with Rock Star Real Estate Inc., Brokerage
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