SoldDuplex

225 Chaffey Street

Name: 225 Chaffey Street - Sold 6 months ago
Brand: Rock Star Real Estate Inc., Brokerage
Price: 586900 CAD
Availability: SoldOut

Welland - 773 - Lincoln/Crowland

225 Chaffey Street

Welland - 773 - Lincoln/Crowland

$625,000

Sold For$586,900

Listed For $589,900

Sold 6 months ago

4 Bedrooms Bedrooms

2 Bathrooms Bathrooms

0 Garage Garage

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!

Key facts for 225 Chaffey Street

Tax$2,670 / 2024

Property TypeDuplex, 2-Storey

Lot Size125 x 40 Feet

Size2000-2500 ft²

ParkingNone Spaces, Total 4 Spaces

Parking FeaturesPrivate Double

BasementFull, Walk-Up

Listing #X12418695

Days on Market--

Listing BrokerageRock Star Real Estate Inc., Brokerage

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$2,881/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$4.1% net yield

Net Monthly Cash Flow-$653

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Inquire with Realtris

(866) 511-7171

info@realtris.ca

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