$599,999 Sale

Listed 9 hours ago

27 PARK Street

MLS® 40877727 Triplex

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Beds · 7

Baths · 3.0

Parking · 6

Sqft · 2390

Est. mortgage

$2,276/mo

Key Facts

Key facts for 27 PARK Street

Property Type

Apartment

Parking

Garage: Yes, 6 parking

MLS #

40877727

Size

2390 sqft

Basement

Unfinished, Partial (Unfinished)

Listed on

Lot size

Tax

Days on Market

Year Built

1900

Maintenance Fee

Description

Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises ...7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside. (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

3.0

Square Footage

2390 sqft

Basement

Unfinished, Partial (Unfinished)

Heating Source

Electric

Heating Type

Baseboard heaters

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

3.0

Square Footage

2390 sqft

Basement

Unfinished, Partial (Unfinished)

Heating Source

Electric

Heating Type

Baseboard heaters

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

RL2

Land Amenities

Park, Place of Worship, Public Transit, Schools

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

RL2

Land Amenities

Park, Place of Worship, Public Transit, Schools

Building Description

Home Type

Apartment

Subtype

Triplex

Year Built

1900

Exterior

Stucco

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Triplex

Year Built

1900

Exterior

Stucco

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Welland

Area Code

Welland

Community

Welland

Area Code

Welland

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Babar Mohammad

Email: [email protected] Cell: 289-244-7722