225 Chaffey Street Welland, Ontario L3B 2Y7
$599,900
Investor Alert - Vacant Duplex with $40K+ NOI & Triplex Potential! Set your own rents and choose your tenants. This turnkey duplex in central Welland offers $40,000+ projected NOI and over $800/month cash flow, with separate utilities for both spacious 2-bed units. Basement with separate entrance and full ceiling height is primed for triplex conversion (waterproofed with sump pump). Parking for 34 vehicles. A strong, flexible asset in a high-demand rental market! (id:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12055019 |
| Property Type | Multi-family |
| Community Name | 773 - Lincoln/Crowland |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 2 |
| Age | 51 To 99 Years |
| Appliances | Dishwasher, Dryer, Microwave, Range, Water Heater, Two Washers |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 2064 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 125 Ft |
| SizeFrontage | 40 Ft |
| SizeIrregular | 40 X 125 Ft |
| SizeTotalText | 40 X 125 Ft |
| ZoningDescription | Rl2 |
Interested?
Contact us for more information
Joshua Arnett
Salesperson
418 Iroquois Shore Rd - Unit 103
Oakville, Ontario L6H 0X7
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 20 2025 07:45:54
Oakville, Milton & District Real Estate Board
Rock Star Real Estate Inc., Brokerage
