23 Saint Andrews Ave, Welland, L3B 1E2

Listing Overview

Description

Rock-solid, purpose-built 6-unit powerhouse on a prime corner lot along St Andrews Street in Welland's serene residential pocket, with elementary school across the street - foot traffic without the chaos, attract quality tenants will stick around for the stability and quality. This isn't some fixer-upper gamble; it's a battle-tested performer churning out excellent gross income right now, with tonnes of untapped equity with operations tweaks and NOI boosts that could flip the script on your returns, priming it for that classic BRRRR play - buy smart, refine sharp, refinance fat, and repeat the win. Quality screams from every angle: paved parking that keeps headaches at bay, on-site coin laundry pulling in steady side cash, separate hydro meters, and dual entrances that lock in safety without skimping on access. For the investor eyeing that next leap into bigger multifamily waters, this is your unflashy powerhouse - delivering immediate cash flow with the muscle to scale.

6 months

On Market

Investment

Property Type

$5,945 / Year

Est. Taxes

Apartment

Style

Apts-6 To 12 Units

Business Type

-

Franchise