101 Niagara Street, Welland
101 Niagara Street in Welland - 6 bedroom, 4 bathroom. Sold for $535,000. Listed at $579,900.
Located in the beautiful city of Welland, this partially tenanted property presents an exceptional cash flow-positive investment. When fully tenanted, the property was grossing $62,400 annually and is being offered at an approximate 8% cap rate based on estimated expenses. Conveniently situated near a wide range of amenities, including restaurants, Chippawa Park, shopping centers, schools, and public transportation, this property has much to offer. Don't miss out on the chance to add this well-located, income-generating asset to your portfolio!
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 2250 sqft
- Basement: Finished
- Heating: Gas
- Cooling: None
- Parking: 4 spaces
- Property Taxes: $3,950.77/yr
- Neighbourhood: 769 - Prince Charles
- Postal Code: L3C 1J4
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