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225 CHAFFEY STREET, Welland, Ontario

$634,900

  • 2 Baths
  • 2,064 Square Feet

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! (id:56241)

  • Listing ID: X12055019
  • Property Type: Multi-family
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Details

  • Parking Spaces: 4
  • Transaction: For sale
  • Zoning Description: RL2

Building

  • Appliances: Dishwasher, Dryer, Microwave, Range, Two stoves, Water Heater, Two Washers, Two Refrigerators
  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Bathrooms (Total): 2
  • Heating: Other
  • Heating Fuel: Natural gas
  • Size Interior: 2064 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Size Frontage: 40 ft
  • Size Irregular: 40 x 125 FT
MLS®

Listing provided by Rock Star Real Estate Inc., Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 225 CHAFFEY STREET in Welland Ontario. It was last modified on May 13th, 2025. Contact us to schedule a viewing or to discover other Welland real estate for sale.

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