23 Saint Andrews Avenue, Welland, ON L3B 1E2

Welland L3B 1E2 Ontario

MLS: X12958032

$1,349,000

Added 7 hours ago | For Sale

Listed by: ROYAL LEPAGE NRC REALTY

About Property

This purpose-built 6-unit building offers a solid 6.2% cap rate today, with a clear path to 6.6% by September. Located on a corner along St. Andrews Street in a quiet, established pocket of Welland, with an elementary school across the street, this is the kind of steady location that attracts long-term, reliable tenants. No heavy renovations, no guesswork, no sleepless nights. This is a proven, income-producing property already generating strong returns, with upside that comes from tightening operations, not tearing the place apart, exactly what you want when stepping into your first multi-unit or adding to your portfolio. The fundamentals are right where they should be, paved parking, on-site coin laundry adding extra income, and dual entrances that keep the building secure and functional. Simple systems, predictable performance.This is how you move from thinking about investing to actually owning something that pays you every month. Buy smart, learn the ropes, build equity. Then do it again.

Features

  • House Style:Investment
  • Bathrooms:6
  • Land Size: 67.5 X 114.1
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:East Main St.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $5945
  • Bedrooms:
  • Total Parking Spaces:10
  • Parking Places:10
  • Heating Type:Radiant
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12958032

About Agent
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.