Sold on Jun 01, 2024
Note: Property is not currently for sale or for rent.
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Type: Triplex
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Style: 2-Storey
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Size: 1100 sqft
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Lot Size: 45 x 100 Feet
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Age: 51-99 years
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Taxes: $2,880 per year
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Days on Site: 25 Days
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Added: May 07, 2024 (3 weeks on market)
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Updated:
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Last Checked: 1 month ago
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MLS®#: X8312958
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Listed By: Re/max escarpment realty inc.
3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. You won't find a property in the area that is grossing this much per month in rental income for the price. All units are separately metered so tenants pay their own hydro. All appliances are electric so the usage is billed to the Tenants hydro bill which they pay for. Leases still have a healthy term left. Great tenants, haven't missed rent and pay on time.
Status
Days on Market: 25
Last Status: Sold
Sold Date: Jun 01, 2024
Closed Date: Aug 21, 2024
Expiry Date: Jul 31, 2024
Sold Price: $595,000
Unavailable Date: Jun 03, 2024
Input Date: May 07, 2024
Property
Status: Sale
Property Type: Triplex
Style: 2-Storey
Size (sq ft): 1100
Age: 51-99
Area: Welland
Availability Date: Flexible
Inside
Bedrooms: 3
Bathrooms: 3
Kitchens: 1
Rooms: 7
Den/Family Room: No
Air Conditioning: Central Air
Fireplace: No
Washrooms: 3
Building
Basement: Finished
Basement 2: Full
Heat Type: Forced Air
Heat Source: Gas
Exterior: Alum Siding
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 3
Total Parking Spaces: 3
Fees
Tax Year: 2023
Tax Legal Description: LT 682 PL960;PT LT681 PL960 AS IN RO658370;WELLAND
Taxes: $2,880
Land
Cross Street: Paul Street
Municipality District: Welland
Fronting On: West
Parcel Number: 641110098
Pool: None
Sewer: Sewers
Lot Depth: 100 Feet
Lot Frontage: 45 Feet
Acres: < .50
Rooms
Room details for 301 Wallace Avenue South, Welland
| Type | Dimensions | Description |
|---|---|---|
| Living Main | - | |
| Kitchen Main | - | |
| Br Main | - | |
| Bathroom Main | - | |
| Living 2nd | - | |
| Kitchen 2nd | - | |
| Br 2nd | - | |
| 2nd Br 2nd | - | |
| Bathroom 2nd | - | |
| Kitchen Bsmt | - | |
| Br Bsmt | - | |
| Bathroom Bsmt | - |
Car-Dependent
- Most errands require a car.
Some Transit
- Most errands require a car.
Bikeable
- Some errands can be accomplished on bike.
École élémentaire Confédération
Elementary: PublicÉcole élémentaire Champlain
Elementary: PublicÉÉC Saint-François-d'Assise
Elementary: CatholicSt Andrew Catholic Elementary School
Elementary: CatholicPlymouth Public School
Elementary: PublicPrincess Elizabeth Public School
Elementary: PublicÉcole secondaire Confédération
Secondary: PublicEastdale Secondary School
Secondary: PublicÉSC Jean-Vanier
Secondary: CatholicCentennial Secondary School
Secondary: PublicLakeshore Catholic High School
Secondary: CatholicNotre Dame College School
Secondary: Catholic-
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