23 Saint Andrews Avenue Welland, Ontario L3B 1E2
$1,399,900
Rock-solid, purpose-built 6-unit powerhouse on a prime corner lot along St Andrews Street in Welland's serene residential pocket, with elementary school across the street - foot traffic without the chaos, attract quality tenants 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, separate hydro meters, 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. (id:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12440067 |
| Property Type | Multi-family |
| Community Name | 773 - Lincoln/Crowland |
| ParkingSpaceTotal | 10 |
Building
| BathroomTotal | 6 |
| HeatingType | Radiant Heat |
| SizeInterior | 3614 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 114 Ft ,1 In |
| SizeFrontage | 67 Ft ,6 In |
| SizeIrregular | 67.5 X 114.1 Ft |
| SizeTotalText | 67.5 X 114.1 Ft |
| ZoningDescription | Rl1, Rm |
Interested?
Contact us for more information
Paul D'abruzzo
Salesperson
418 Iroquois Shore Rd #103a
Oakville, Ontario L6H 0X7
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October 02 2025 04:51:26
Toronto Real Estate Board
Rock Star Real Estate Inc.