2
$399,900 Sale
Listed 1 hour
136 REGENT STREET
· 0
· 0.0
· 0
· 1314
Key Facts
Key facts for 136 REGENT STREET
Property Type
Apartment
Parking
Garage: No, 0 parking
MLS #
X14145532
Size
1314 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
A turnkey, fully tenanted duplex in the heart of downtown Welland. The 2-bedroom units rents for $1,409/month and the 1-bedroom for $1,178/month, both plus hydro and gas, for $31,044 in gross annual rent. Both units are separately metered, so tenants pay their own hydro and gas. Owner costs are just... water, taxes and insurance, about $6,777 a year, for a net operating income of roughly $24,267 before vacancy and maintenance. Major items are covered, including a 2024 roof and updated electrical and a 2025 hot water tank in Unit 2. Both units have 100-amp breaker panels with copper wiring, and plumbing is copper, ABS and PEX. The walkable location near the Farmer's Market, shopping, schools and transit keep rental demand steady. The income and expense summary is available on request. (id:10452)
Similar Properties (No results)
Listing courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.