27 Park Street, Welland, ON L3B 4M3
27 Park Street, Welland, ON L3B 4M3
27 Park Street, Welland, ON L3B 4M3
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Listed by Kayla Smith • RE/MAX Escarpment Realty Inc.
$599,999
Est. payment /mo
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7 Beds
3 Baths
2,390 SqFt
New

27 Park Street Welland, ON L3B 4M3

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Mico Radulovic

Mico Radulovic

+1(519) 722-3434

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,390 sqft

Price per Sqft $251

MLS Listing ID 40877727

Bedrooms 7

Abv Grd Liv Area 2,390

Year Built 1900

Annual Tax Amount $2,314

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside.

Location

Province ON

County Niagara

Area Welland

Zoning RL2

Direction KING STREET TO PARK STREET

Rooms

Basement Partial, Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Baseboard, Electric

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Roof Type Asphalt Shing

Lot Frontage 58.04

Lot Depth 146.51

Garage Yes

Building

Lot Description Park, Place of Worship, Public Transit, Schools

Faces KING STREET TO PARK STREET

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Stucco

New Construction No

Others

Senior Community No

Tax ID 641080110

Ownership Freehold/None

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Mico Radulovic

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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