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Investors hunting for positive cash flow, look no further! 197 Edgar St. turnkey legal 3-unit home (aka triplex) is waiting for a savvy investor or homeowner looking for a mortgage helper (live in one unit and rent out the other two). Almost 2,000 sq ft. house is located in one of the top neighbourhoods in Welland, close to Chippewa Park, skating ponds, splash pads, Niagara College and lots of other amenities. All units (each approx. 1,000 sq. ft in size) have updated modern kitchens with quartz countertops and stainless-steel appliances. Unit 1 is 2 Bed 1 Bath (4-piece), Unit 2 is 3 bed 1 bath (4-piece) and Unit 3 is 2 bed 2 Bath (4-piece). In-suite laundry, spacious bedrooms and ample living space with a ton of natural light top off the main features of the home. Updates include: 3 separate hydro meters, 3 water tanks, roof, soffits, facia & downspouts. With projected rents of $6K/month or $72K/year this one is cash flow positive. Don't miss out on this phenomenal property. (id:49622)
| MLS® Number | X7308532 |
| Property Type | Single Family |
| Parking Space Total | 5 |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 7 |
| Basement Features | Apartment In Basement |
| Basement Type | Full |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Fireplace Present | Yes |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | House |
| Attached Garage |
| Acreage | No |
| Size Irregular | 65 X 104 Ft |
| Size Total Text | 65 X 104 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 4.34 m | 3.53 m | 4.34 m x 3.53 m |
| Second Level | Bedroom | 2.84 m | 2.83 m | 2.84 m x 2.83 m |
| Second Level | Bedroom | 4.18 m | 4.24 m | 4.18 m x 4.24 m |
| Main Level | Kitchen | 3.94 m | 2.67 m | 3.94 m x 2.67 m |
| Main Level | Living Room | 3.11 m | 4.1 m | 3.11 m x 4.1 m |
| Main Level | Dining Room | 2.97 m | 4.15 m | 2.97 m x 4.15 m |
| Main Level | Bedroom | 3.98 m | 4.19 m | 3.98 m x 4.19 m |
| Main Level | Bedroom | 3.55 m | 3.47 m | 3.55 m x 3.47 m |
| Main Level | Kitchen | 4.08 m | 3.32 m | 4.08 m x 3.32 m |
| Main Level | Living Room | 4.09 m | 3.95 m | 4.09 m x 3.95 m |
https://www.realtor.ca/real-estate/26293325/197-edgar-st-welland
Christopher Alexander Hook
Salesperson
(905) 361-9098
(905) 338-2727
www.rockstarbrokerage.com
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