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$ 634,900
Est. payment /mo
Active
225 Chaffey ST Welland, ON L3B 2Y7
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12055015
Style 2-Storey
Bedrooms 4
Building Age 51-99
Annual Tax Amount $2,670
Tax Year 2024
Property Sub-Type Detached
Property Description
Investor Alert Vacant Duplex with $40K+ NOI & Triplex Potential! Vacant possession after May 31, 2025 set your own rents and choose your tenants. This turnkey duplex in central Welland offers $40,000+ projected NOI and over $800/month cash flow, with separate utilities for both spacious 2-bed units. Basement with separate entrance and full ceiling height is primed for triplex conversion (waterproofed with sump pump). Parking for 34 vehicles. A strong, flexible asset in a high-demand rental market!
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 2
Interior
Interior Features Water Heater Owned, Separate Hydro Meter, Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 125.0
Total Parking Spaces 4
Building
Foundation Concrete Block
Listed by Rock Star Real Estate Inc., Brokerage