Discover an incredible investment and homeownership opportunity in Welland! This spacious 7-bedroom (3+4) raised bungalow is located just 2 minutes from Niagara College, making it an ideal property for investors or first-time buyers looking to offset their mortgage with strong rental income. Generating over $50,000 annually in rental income, this property offers exceptional cash flow potential. Featuring 3 full washrooms, 7 generously sized bedrooms, and a functional layout perfect for large families or tenants. Situated on an extra-deep 44 x 175 ft lot, offering plenty of outdoor space and future possibilities. 2016 Built. Conveniently located close to shopping, transit, restaurants, parks, and all major amenities. AAA Tenants paying a total of $4235/month, Willing to stay or vacate. (id:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Cooling Information
Central Air
Garage
1
Parking
Attached
Listing Courtesy: RE/MAX REALTY SERVICES INC.
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Market statistics compiled from data from Canadian Real Estate Association.