14 AVENUE Place, Welland, Ontario L3B 4B1
$589,900.00
- 3 bedrooms
- 3 bathrooms
- 1,691 Square Feet
Welcome to 14 Avenue Place in the heart of Welland's evolving downtown core, a turnkey triplex opportunity primed for strong returns. This 1,691 sq ft property features three self-contained units, including two fully renovated one-bedroom suites taken back to the studs, offering modern finishes and the ability to set market rents immediately. With two units delivered vacant, investors have a rare chance to optimise income from day one. This property sits just steps from the Welland Farmers' Market, Merritt Amphitheatre, and the scenic recreational canal with its extensive walking and biking trails. Tenants will appreciate the walkable lifestyle, ... read more
Welcome to 14 Avenue Place in the heart of Welland's evolving downtown core, a turnkey triplex opportunity primed for strong returns. This 1,691 sq ft property features three self-contained units, including two fully renovated one-bedroom suites taken back to the studs, offering modern finishes and the ability to set market rents immediately. With two units delivered vacant, investors have a rare chance to optimise income from day one. This property sits just steps from the Welland Farmers' Market, Merritt Amphitheatre, and the scenic recreational canal with its extensive walking and biking trails. Tenants will appreciate the walkable lifestyle, access to green space, and proximity to transit and downtown amenities. The building includes three kitchens, three bathrooms, and essential appliances, making it a straightforward addition to any portfolio. Whether you are expanding or entering the investment market, this is a strategic acquisition in a rapidly transforming neighbourhood with long-term upside. (id:25417)
- Listing ID: 40821966
- Property Type: Multi-family
- Year Built: 1930
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | None |
| Building | |
|---|---|
| Type: | Multi-family Triplex |
| HVAC: | Baseboard Heaters and Fireplace |
| Exterior: | Aluminum Siding and Brick |
| Basement: | Full (Unfinished) |
| Utilities: | Septic System |
| Location | |
|---|---|
| City: | Welland |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Park, Place Of Worship and Public Transit |
| Community Features: | High Traffic Area |
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