+39 more
6
Bathrooms
3,614 sqft
Area
10
Parking
About This Property
This 6-bathroom multi-family in Welland offers 3,614 sqft of living space. The property has lot dimensions of 67.5 x 114.1 FT. The home features radiant heat heating. Highlights include a 10-car garage.
MLS Remarks
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. (id:60351)
Overview
Property Typeresidential
Sub-Typemulti-family
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