36
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$634,900
Est. payment /mo
2 Baths
2,064 SqFt
Active
225 Chaffey ST Welland, ON L3B 2Y7
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,064 sqft
Price per Sqft $307
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12055019
Building Age 51-99
Annual Tax Amount $2,670
Tax Year 2024
Property Sub-Type Investment
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
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 40.0
Lot Depth 125.0
Listed by Rock Star Real Estate Inc., Brokerage