$674,900
Available - For Sale
Listing ID: X13129898
123 Dain Avenue , Welland, L3B 3E5, Niagara
| Fully tenanted triplex, turnkey, with immediate cashflow available and 7.32% cap rate. This is an excellent investment opportunity with 3 newly renovated units in great condition with great tenants, paying current market rent. Over $100K in renovations completed at the property, with a newly finished basement, new kitchens, appliances, windows, hot water tank, and more. No expenses spared to create and sustain this well-operating multi-unit property. Each unit is equipped with a full kitchen and appliances (fridge and stove) all newly renovated within the last 5yrs. Each unit has their own laundry appliances - great value add for tenants. Two separate backyards - Main floor tenant enjoys fully fenced yard with a private back deck and garden shed. Upper tenant enjoys their own separate fully fenced yard with a garden shed. 4 parking spots available on the driveway. Basement is fully waterproofed under warranty & new main drain. 3 Separate Hydro Meters with Separate Breaker Panels. 2 Hot Water Tanks. 2 Furnaces. Tenants paying all utilities except water. Excellent location, walking distance to shops, restaurants, library, schools, parks, gym, and more. Public transit stop nearby. School bus route as well. This property checks all the boxes for investors & tenants. Start earning income and watch your asset appreciate in value without lifting a finger, the work has already been completed. Incomes, expenses, leases, and full property details available. |
| Price | $674,900 |
| Taxes: | $2605.00 |
| Occupancy: | Tenant |
| Address: | 123 Dain Avenue , Welland, L3B 3E5, Niagara |
| Directions/Cross Streets: | Ontario Road/Dain Avenue |
| Rooms: | 11 |
| Rooms +: | 4 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Full, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 11.87 | 13.42 | Large Window |
| Room 2 | Main | Kitchen | 9.51 | 12.73 | Stainless Steel Appl, Quartz Counter, Window |
| Room 3 | Main | Dining Ro | 9.09 | 6.4 | Combined w/Kitchen |
| Room 4 | Main | Primary B | 11.55 | 11.94 | Double Closet, Window |
| Room 5 | Main | Bedroom 2 | 8.79 | 13.45 | Window, Closet |
| Room 6 | Main | Laundry | 6.2 | 3.87 | |
| Room 7 | Second | Kitchen | 13.45 | 10.66 | Eat-in Kitchen |
| Room 8 | Second | Living Ro | 13.84 | 10.96 | |
| Room 9 | Second | Primary B | 9.64 | 11.78 | Double Closet, Window |
| Room 10 | Second | Bedroom 4 | 10.43 | 9.77 | Double Closet, Window |
| Room 11 | Second | Bedroom 5 | 9.54 | 9.48 | Window |
| Room 12 | Main | Bathroom | 9.84 | 6.56 | 4 Pc Bath |
| Room 13 | Second | Bathroom | 9.84 | 8.2 | 4 Pc Bath |
| Room 14 | Basement | Bathroom | 3.87 | 8.69 | 3 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Aluminum Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Fence - Full, |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Fenced Yard, Hospital |
| 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: | Forced Air |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 773 - Lincoln/Crowland |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $2,605 |
| Beds: | 5+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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