71 Young St

Excellent opportunity to own a 5 units property in 2 buildings with plenty of parking between the 2 buildings in the Niagara region in Welland. The property has 3 -2 bedrooms apartments and 1 - 1 bedroom apartment plus a store front and there is also an exterior sign rental. Fully rented. Tenants pay own hydro. Property is in a great location. May require some rennovations but seller is willing to offer a partial VTB (second mortgage at a very low interest rate for up to 2 years depending on the offer) so a buyer may possibly have the opportunity to buy this property with a low deposit or to possibly lower the total monrhtly mortgage payments.

Rare-Find!! Triplex!! 3 Self-Contained Units With Separate Entrances! 3 Separate Hydro Meters!! 3+2 Bedrooms, Premium 134ft Deep Lot, Detached With 2023 Renovated Basement Apartment Including Fireplace! Rental Income Of Over $3,100/Monthly! 2 Bedroom Main Floor Apartment With Formal Dining Room, 1 Bedroom Upper Level Apartment With Ensuite Washer & Dryer, 2 Bedroom Basement Apartment Featuring 2023 Renovations, Large 4-Car Driveway, Minutes To Merritt Island Park, Shopping At Seaway Mall, Walmart, Niagara College & Niagara Health Centre

The Ultimate BRRR Project. This Land is Approved to BUILD a 10-Unit Apartment Building. Modern & Efficient design boasting a potential 2500+ monthly CashFlow upon completion and lucrative net operating income (NOI) + 7 Parking spots. This turnkey project offers flexibility - build and sell for quick equity gains or hold for MASSIVE long-term cash flow. No market condition can dim its appeal. Inquire now for detailed floor plans and site elevations. Construction financing and exit CMHC financing is available. Priced to sell. You wont find a better deal for 10 units ready-to-build! Seller VTB available. Detailed financials and financing overview is available upon request.