146 Burgar Street, Welland, Ontario L3B 2S8 (23972778)


146 Burgar Street Welland, Ontario L3B 2S8

6 Bedroom 3 Bathroom 3448
None Forced Air


Here is the money maker you have been looking for! This is a legal Triplex, fully rented with excellent tenants and a 5% ROI! Quit trying to flip houses in this market, this is the investment for you! Three occupied units, 1 x 1 bed and 2 x 3 bed. Laundry is provided for the two 3 bed units. Both 3 bed units have exclusive rights to half of backyard that is fenced for each side. One exclusive parking spot for each unit. This property does allow for a potential fourth unit in the future, and would comply with zoning. (pls do your due diligence to confirm) Gross rental income is just over $40k and financial details are available. All tenants are current and would like to stay. Fire certificate from July 2019, sprinkler system in basement. All tenants pay all their own bills, including hot water tank rentals, and landlord pays water and building insurance. Some wiring, plumbing, insulation, and windows updated. As is standard, 24 hours notice is required for all showings. Be sure to view the 3D tour and virtually walk thru the property as well as taking a close look at the provided floor plans (click on the Youtube arrow right on the main page of Realtor.ca, and you will be taken to the option of virtually walking) - lets try not to disrupt the tenants any more than necessary! OFFER PRESENTATION HAS BEEN SET FOR 6:30 PM ON WED FEB 2/22 WITH REGISTRATION DUE BY 5 PM. THANK YOU (id:29438)

Property Details

MLS® Number 40202417
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Equipment Type Water Heater
Features Park/reserve
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Porch


Bathroom Total 3
Bedrooms Total 6
Appliances Water Meter
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco, Vinyl Siding
Fire Protection Smoke Detectors
Fixture Ceiling Fans
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3448
Type Triplex
Utility Water Municipal Water


Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 120 Ft
Size Frontage 35 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rl2


Cable Available
DSL* Available
Electricity Available
Natural Gas Available


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