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$1,399,900
Available - For Sale
Listing ID: X12440067
Rock-solid, purpose-built 6-unit powerhouse on a prime corner lot along St Andrews Street in Welland's serene residential pocket, with elementary school across the street - foot traffic without the chaos, attract quality tenants will stick around for the stability and quality. This isn't some fixer-upper gamble; it's a battle-tested performer churning out excellent gross income right now, with tonnes of untapped equity with operations tweaks and NOI boosts that could flip the script on your returns, priming it for that classic BRRRR play - buy smart, refine sharp, refinance fat, and repeat the win. Quality screams from every angle: paved parking that keeps headaches at bay, on-site coin laundry pulling in steady side cash, separate hydro meters, and dual entrances that lock in safety without skimping on access. For the investor eyeing that next leap into bigger multifamily waters, this is your unflashy powerhouse - delivering immediate cash flow with the muscle to scale.
Price $1,399,900
Taxes: $5,945
Tax Type: Annual
Occupancy by: Tenant
Address: 23 Saint Andrews Aven , Welland, L3B 1E2, Niagara
Postal Code: L3B 1E2
Province/State: Niagara
Legal Description: LT 158, PL 638 ; PT LT 159, PL 638 , AS
Directions/Cross Streets: East Main St.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 3,614
Total Area Code:  Square Feet
Chattels: T
Maintenance: 0
Heat Type: Radiant
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROCK STAR REAL ESTATE INC.

23 Saint Andrews Aven , Welland, L3B 1E2, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style:
Lot Size: x 114.10(Feet)
Approximate Age:
Tax: $5,945
Maintenance Fee: $0
Beds: 0
Baths: 6
Garage: 0
Fireplace: N
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