80 MILL Street Welland

80 MILL Street, Welland, Ontario

$799,900

  • 5 Beds
  • 4 Baths
  • 2,928 Square Feet

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! (id:23309)

  • Listing ID: 40755221
  • Property Type: Multi-family

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Details

  • Community Features: Quiet Area
  • Equipment: Water Heater
  • Features: Cul-de-sac, Conservation/green belt, Paved driveway, Sump Pump
  • Ownership: Freehold
  • Parking Spaces: 10
  • Rental Equipment: Water Heater
  • Structure: Shed
  • Transaction: For sale
  • View: No Water View
  • Waterfront: Waterfront on river
  • Water Body Name: Welland River
  • Zoning Description: RL2 EPA

Building

  • BasementType: Full (Partially finished)
  • Basement Development: Partially finished
  • Exterior Finish: Metal, Vinyl siding
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2928 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Access Type: Road access
  • Sewer: Municipal sewage system
  • Size Frontage: 50 ft
  • Surface Water: River/Stream
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 80 MILL Street in Welland Ontario. It was last modified on July 29th, 2025. Contact Fredene Plouffe to schedule a viewing or to discover other Welland real estate for sale.

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