Welland, ON L3B 2Y7,225 Chaffey ST
Welland, ON L3B 2Y7,225 Chaffey ST
Welland, ON L3B 2Y7,225 Chaffey ST
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$625,000
Est. payment /mo
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4 Beds
2 Baths
New

225 Chaffey ST Welland, ON L3B 2Y7

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X12418695

Style 2-Storey

Bedrooms 4

Annual Tax Amount $2,670

Tax Year 2024

Property Sub-Type Duplex

Property Description

Investor Alert - Turn-key Duplex with $40K+ NOI & Triplex Potential! This turnkey duplex in central Welland offers $40,000+ projected NOI and over $900/month cash flow, with separate utilities for both spacious 2-bed units. Basement with separate entrance and full ceiling height is primed for triplex conversion (waterproofed with sump pump). Parking for 3-4 vehicles. A strong, flexible asset in a high-demand rental market!

Location

Province ON

County Niagara

Community 773 - Lincoln/Crowland

Area Niagara

Rooms

Family Room No

Basement Full, Walk-Up

Kitchen 2

Interior

Interior Features Separate Hydro Meter, Primary Bedroom - Main Floor, Water Heater Owned, Separate Heating Controls

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 125.0

Total Parking Spaces 4

Building

Building Age 51-99

Unit Features Public Transit,Park,School Bus Route,School

Foundation Concrete Block


Listed by Rock Star Real Estate Inc., Brokerage

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Nigel Wong

Nigel Wong

Realtor | License ID: 9598315

+1(647) 549-1865

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225 Chaffey ST