225 Chaffey Street, Welland
225 Chaffey Street in Welland - 4 bedroom, 2 bathroom. Sold for $586,900. Listed at $589,900.
Investor Alert - Turn-key Duplex with $40K+ NOI & Triplex Potential! This turnkey duplex in central Welland offers $40,000+ projected NOI and over $900/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 3-4 vehicles. A strong, flexible asset in a high-demand rental market!
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 2250 sqft
- Basement: Full
- Heating: Gas
- Cooling: Central Air
- Parking: 4 spaces
- Property Taxes: $2,670/yr
- Neighbourhood: 773 - Lincoln/Crowland
- Postal Code: L3B 2Y7
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