80 Mill ST new Save Request In-Person Tour Request Virtual Tour
Welland,ON L3C 4Y2
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 772 - Broadway
MLS Listing ID X12312953
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,457
Tax Year 2025
Property Sub-Type Detached
Property Description
PRIME RIVERFRONT INVESTMENT OPPORTUNITY! 80 Mill St, a rare and lucrative investment opportunity awaits with this triplex, strategically located in the heart of Welland. This property features (3) distinct rental units, making it an ideal choice for investors seeking immediate cash flow and long term growth potential. Situated on a generous .50 acre lot backing onto the Welland River, this triplex combines tranquillity of a country like setting with the convenience of urban amenities, ensuring strong tenant appeal and consistent rental demand. The main floor unit is a standout, having been updated to modern standards offering a spacious 3 bedroom, 2 bathroom layout, complete with a finished basement that adds valuable space. The two upper units, each featuring 1 bedroom and 1 bathroom, are currently tenanted, providing investors with immediate rental income. The property's exterior is equally impressive, with ample parking space to accommodate tenants. Location is a key highlight as the property is conveniently close to schools, grocery stores, shopping centres, restaurants, and recreational facilities. Proximity to major roadways also ensures easy commutes to surrounding areas. This property has lots of potential with its combination of immediate rental income from tenants in the upper units, a modernized main floor unit, and a large lot offering future value opportunities. This is a turnkey investment! Don't miss your chance to own this exceptional investment property!
Location
Province ON
County Niagara
Community 772 - Broadway
Area Niagara
Body of Water Welland River
Rooms
Family Room No
Basement Full,Partially Finished
Kitchen 3
Interior
Interior Features Other,Accessory Apartment,In-Law Capability
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Waterfront Description Direct
Roof Type Asphalt Shingle,Flat
Road Frontage Municipal Road
Lot Frontage 50.0
Lot Depth 270.0
Total Parking Spaces 10
Building
Foundation Concrete Block
Others
Virtual Tour https://view.spiro.media/80_mill_st-3662?branding=false