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Darcy Richardson
Darcy Richardson
Broker
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Offered by:
Revel Realty Inc., Brokerage

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99 Beatrice Street
Welland, ON L3B 2Z2
MLS# 30703208 ID: 55678175
13 BR • 2727 sq.ft.
$449,900
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Property Description
99 Beatrice Street - $457,900 Great opportunity to own a 6-plex in the heart of Welland! Operating with a cap rate of approximately 5%, obtaining gross rents of $47,702 with full occupancy, this is your chance to add to your investment portfolio. Fully rented with wonderful tenants(four of which have been living at the property for over 10 years), this turn-key investment has been nicely maintained and offers great potential for it's next owner. This building is complete with 5 two bedroom units and 1 three bedroom unit, a large yard, lots of parking, and coin-operated laundry. Opportunities like this are few and far between, act today before it is gone. Please note, all showings are to be held between 4 and 7pm on Wednesdays and 12 and 3pm on Saturdays and Sundays, 48 hours' notice is required for all showings.
Property Features
Status
Last Updated March 15, 2019
Market Status Available
Description
Property Type Rental Complex For Sale
Bedrooms 13
Sq. Feet 2727
Building Features
Basement fully finished, separate entrance
Exterior Features
Exterior Construction Brick, vinyl siding
Parking Private, triple wide
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