6 Bedroom
4 Bathroom
2,347 sqft
Central Air Conditioning, Wall Unit
Radiant Heat, Heat Pump
$772,000
Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering 3 fully self-contained legal units. The property features two units in the main building and a standalone 2-bedroom garden suite, all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, and access to a private front balcony. The garden suite includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rents, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location. (id:63476)
Property Details
|
MLS® Number |
40840150 |
|
Property Type |
Multi-family |
|
Amenities Near By |
Place Of Worship, Public Transit, Schools, Shopping |
|
Parking Space Total |
6 |
Building
|
Bathroom Total |
4 |
|
Bedrooms Total |
6 |
|
Basement Development |
Finished |
|
Basement Type |
Full (finished) |
|
Cooling Type |
Central Air Conditioning, Wall Unit |
|
Exterior Finish |
Stone, Vinyl Siding |
|
Foundation Type |
Block |
|
Heating Fuel |
Electric, Natural Gas |
|
Heating Type |
Radiant Heat, Heat Pump |
|
Stories Total |
2 |
|
Size Interior |
2,347 Sqft |
|
Type |
Triplex |
|
Utility Water |
Municipal Water |
Land
|
Access Type |
Highway Access |
|
Acreage |
No |
|
Land Amenities |
Place Of Worship, Public Transit, Schools, Shopping |
|
Sewer |
Municipal Sewage System |
|
Size Depth |
119 Ft |
|
Size Frontage |
60 Ft |
|
Size Total Text |
Under 1/2 Acre |
|
Zoning Description |
Rl2 |