$1,399,900
Available - For Sale
Listing ID: X12440067
23 Saint Andrews Avenue , Welland, L3B 1E2, Niagara
| 5.7 CAP with current ops & room to grow! Rock-solid, purpose-built 6-unit powerhouse on a prime corner lot along St Andrews Street in a serene residential pocket of Welland, with elementary school across the street - foot traffic without the chaos, attract quality tenants that will stick around for the stability and quality. This isn't some fixer-upper gamble; it's a battle-tested performer churning out excellent gross income right now, with tonnes of untapped equity with operations tweaks and NOI boosts that could flip the script on your returns, priming it for that classic BRRRR play - buy smart, refine sharp, refinance fat, and repeat the win. Quality screams from every angle: paved parking that keeps headaches at bay, on-site coin laundry pulling in steady side cash, and dual entrances that lock in safety without skimping on access. For the investor eyeing that next leap into bigger multifamily waters, this is your unflashy powerhouse - delivering immediate cash flow with the muscle to scale. |
| Price | $1,399,900 |
| Taxes: | $5945.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 23 Saint Andrews Avenue , Welland, L3B 1E2, Niagara |
| Postal Code: | L3B 1E2 |
| Province/State: | Niagara |
| Legal Description: | LT 158, PL 638 ; PT LT 159, PL 638 , AS |
| Directions/Cross Streets: | East Main St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 3614.00 |
| Total Area Code: | Square Feet |
| Chattels: | T |
| Washrooms: | 6 |
| Heat Type: | Radiant |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROCK STAR REAL ESTATE INC. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 773 - Lincoln/Crowland |
| Tax: | $5,945 |
| Baths: | 6 |
| Fireplace: | N |
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