50
80 Mill Street
$799,900 Sale
Listed 24 days ago
· 5
· 4
· 10
· 2928
Key Facts
Key facts for 80 Mill Street
Property Type
House, Two Story
Parking
Private Drive Double Wide 10 parking
MLS #
40754506
Size
2928 sqft
Basement
Development Potential,Full,Partially Finished,Sump Pump
Listed on
2025-07-27
Lot size
-
Tax
$5,457.48 /yr
Days on Market
27
Year Built
-
Maintenance Fee
-
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 ter...m 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!, Directions:Niagara Street to Mill Street, Exclusions:
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Listing courtesy of: THE AGENCY