$699,900
Available - For Sale
Listing ID: X12762846
196 Ross Street , Welland, L3B 2N3, Niagara
| 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. |
| Price | $699,900 |
| Taxes: | $3993.29 |
| Occupancy: | Vacant |
| Address: | 196 Ross Street , Welland, L3B 2N3, Niagara |
| Directions/Cross Streets: | East Main St & Niagara St |
| Rooms: | 11 |
| Rooms +: | 2 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 19.65 | 12.76 | |
| Room 2 | Main | Kitchen | 16.56 | 10.69 | |
| Room 3 | Main | Bedroom | 12.86 | 8.95 | |
| Room 4 | Main | Bedroom | 12.66 | 11.58 | |
| Room 5 | Main | Bedroom | 13.68 | 10.86 | |
| Room 6 | Second | Living Ro | 14.4 | 9.84 | |
| Room 7 | Second | Kitchen | 14.83 | 14.4 | |
| Room 8 | Second | Bedroom | 14.83 | 14.4 | |
| Room 9 | Second | Living Ro | 14.4 | 9.84 | |
| Room 10 | Second | Kitchen | 14.83 | 14.4 | |
| Room 11 | Second | Bedroom | 14.43 | 10.4 | |
| Room 12 | Basement | Living Ro | 13.51 | 10.36 | |
| Room 13 | Basement | Kitchen | 13.48 | 13.28 | |
| Room 14 | Basement | Bedroom | 12.69 | 10.4 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 3 | Basement |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Second |
| Washroom Type 9 | 3 | Basement |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Main |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 4 | Second |
| Washroom Type 14 | 3 | Basement |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 3 | Main |
| Washroom Type 17 | 4 | Second |
| Washroom Type 18 | 4 | Second |
| Washroom Type 19 | 3 | Basement |
| Washroom Type 20 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Brick Veneer, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | Other |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE SIGNATURE REALTY |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 768 - Welland Downtown |
| Style: | 2-Storey |
| Tax: | $3,993.29 |
| Beds: | 5+1 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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