27 PARK STREET, Welland (Welland Downtown)

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27 PARK STREET, Welland (Welland Downtown), Ontario

$599,999

7 bed · 3 bath

MLS® X14170588

Cash-flowing legal triplex in Downtown Welland generating over $4,500/month in operating income, offering 2,390 sq ft above grade on a 58 x 145 ft lot. Perfect for hands-on investors or owner-occupiers looking to live in one unit and let rental income supplement the mortgage. Total layout comprises 7 bedrooms, 3 kitchens, 3 full bathrooms, and separate hydro meters. Currently configured with one main-floor unit tenanted, two units vacant (ideal for setting current market rents or moving in), and a detached 2-car garage currently rented for storage - offering potential for an ADU/garden suite conversion. Private double driveway provides 6 total parking spaces. Highly walkable location steps to King Street transit, Merritt Park, the Welland Recreational Waterway trails, and the Community Wellness Complex. Minutes to Niagara Health Welland Hospital, shopping, and dining. Exceptional value with reliable cash flow and future expansion upside. (id:56426)

Kayla Smith

Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE

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Karen McGuffin

(519) 216-1956

Or call Arden — (519) 806-0555

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