ON > Welland
Welland, ON L3B 1R8,301 Wallace AVE S
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Welland, ON L3B 1R8,301 Wallace AVE S
Welland, ON L3B 1R8,301 Wallace AVE S
Welland, ON L3B 1R8,301 Wallace AVE S
Welland, ON L3B 1R8,301 Wallace AVE S

$595,000

Est. payment /mo

$624,900

4.8%
Est.Price: ?

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301 Wallace AVE S Welland, ON L3B 1R8

3 Beds

3 Baths

SOLD DATE : 08/21/2024

Key Details

Sold Price $595,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 1100-1500

MLS Listing ID X8312958

Style 2-Storey

Bedrooms 3

Annual Tax Amount $2,880

Tax Year 2023

Property Sub-Type Triplex

Appx SqFt 1100-1500

Property Description

3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. You won't find a property in the area that is grossing this much per month in rental income for the price. All units are separately metered so tenants pay their own hydro. All appliances are electric so the usage is billed to the Tenants hydro bill which they pay for. Leases still have a healthy term left. Great tenants, haven't missed rent and pay on time.

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Kitchen 1

Interior

Cooling Central Air

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Building

Building Age 51-99

Foundation Concrete Block

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Jethro Seymour

Jethro Seymour

+1(416) 712-0767

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Listed by RE/MAX ESCARPMENT REALTY INC.
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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