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225 Chaffey Street Welland, Ontario L3B 2Y7

2 Bathroom 2064 sqft
Fully Air Conditioned Other

$634,900

Investor Alert Vacant Duplex with $40K+ NOI & Triplex Potential! Vacant possession after May 31, 2025 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, Two Stoves, Water Heater, Two Washers, Two Refrigerators
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

https://www.realtor.ca/real-estate/28104172/225-chaffey-street-welland-lincolncrowland-773-lincolncrowland

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Joshua Arnett
Salesperson

Rock Star Real Estate Inc., Brokerage
418 Iroquois Shore Rd - Unit 103
Oakville, Ontario L6H 0X7

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May 01 2025 08:57:09

Oakville, Milton & District Real Estate Board

Rock Star Real Estate Inc., Brokerage

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Brown and Keyes Real Estate

The Brown and Keyes and Royal LePage Real Estate Services Ltd. are leaders in the real estate community with a reputation for integrity, dedication and as equally important, we are known for achieving results.

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  • 251 North Service Rd. W,
  • Oakville, Ontario
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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 information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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