70 Mill Street
772 - Broadway, Welland, L3C 4Y2
FOR SALE
$825,000
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6
BEDROOMS6
BATHROOMS6
KITCHENS0
ROOMSX12756508
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Property Description
A Premier Multi-Residential Property On The Welland River. This Amazing Investment Property Is Located At The End Of A Peaceful Cul-De-Sac Street. Perfectly Positioned For Convenience, This Property Offers Easy Access To Public Transit And All The Attractions Of The Downtown Core. The Layout Features Five Distinct Units In The Primary Residence, Plus A Charming, Newly Updated One-Bedroom Suite Located Above The Double Garage. The Garage And All Units Are Currently Rented By Tenants. Significant Capital Improvements Include A New Furnace (2021), An Upgraded Electrical Panel (2022), And A Complete 2024 Renovation Of The Unit Above The Garage. The Property Passed A Fire Inspection In 2024.
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Property Features
Waterfront, River/Stream, None, Private, None, Not Applicable
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Property Details
Address
70 Mill Street
Community
City
Postal Code
L3C 4Y2
Property Type
Multiplex, Multiplex
Lot Size
59' x 300'
Taxes
$4,087 (2025
Basement
Partially Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
8
Garage Type
Detached
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Listing contracted with Tfn Realty Inc.
Welcome To An Exceptional Investment Opportunity In The Heart Of Welland! This Solid Fourplex With An Additional Dwelling Unit ADU Offers Incredible Value For Investors Seeking Strong Cash Flow And Long Term Upside. Featuring Four Self Contained Units Plus A Separate Garden Suite Converted From The Detached Garage, This Property Provides Added Rental Income. Each Unit Is Equipped With Its Own Hydro Meter Along With A House Meter, Offering Convenience And Efficient Utility Management. Zoned Residential Medium Density (RM), This Property Allows For Flexibility And Future Potential In A Growing Market. Ideally Situated On Kennedy Street In A Mature And Central Neighbourhood, Tenants Will Enjoy Easy Access To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Just Minutes From Downtown Welland, The Welland Canal, Niagara College, And With Quick Access To Hwy 406, This Location Offers Seamless Connectivity To Niagara Falls, St Catharines, And Surrounding Areas. With Strong Rental Demand, A Desirable Unit Mix, And An Additional Dwelling Unit ADU , This Property Represents A Rare Opportunity To Secure A High Performing Asset In One Of Niagara's Emerging Investment Markets. A Smart And Strategic Addition To Any Real Estate Portfolio.
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