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301 Wallace Avenue S

Wallace Ave SEastdaleWellandON, L3B 1R8

-
Beds
-
Baths
1,523
Sq. Ft.
$624,900
List Price
301 Wallace Avenue S, Welland, ON - 1 of 3
301 Wallace Avenue S, Welland, ON - 2 of 3
301 Wallace Avenue S, Welland, ON - 3 of 3
49 days on market

Quick Summary

  • Fully leased 3-unit property
  • Recently renovated to high standard
  • Generating $4,200 in monthly rental income
  • Separately metered utilities for tenants
  • Appliances are electric, lowering costs
  • Leases have healthy remaining terms
  • Reliable tenants with no missed payments

3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. Can provide financials upon request. 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... Show More

3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. Can provide financials upon request. 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. (id:54626)

Property Details

Size

1,523 sq. ft.
across 2 floors
0 Beds
0 Baths

Parking

3 Parking Spaces
No Garage

Lot

Size
540′ * 1200′
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Aluminum siding
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
H4189233
Last Updated
May 7, 2024
Brokerage
RE/MAX Escarpment Realty Inc
Powered by: REALTOR.ca
Call us 800-591-0566

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