136 Regent Street Welland, Ontario L3B 4H8

1,314 sqft
Partially Air Conditioned Forced Air

$399,900

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. (id:50333)

Property Details

MLS® Number X14145532
Property Type Multi-family
Community Name 768 - Welland Downtown

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,314 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 130 Ft ,4 In
Size Frontage 34 Ft ,3 In
Size Irregular 34.33 X 130.39 Ft
Size Total Text 34.33 X 130.39 Ft
Zoning Description Rl2

https://www.realtor.ca/real-estate/30475389/136-regent-street-welland-welland-downtown-768-welland-downtown

Contact Us

Contact us for more information

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Nicki Lumsden
Broker

(289) 968-9529
www.facebook.com/NiagaraSoldbyKate/
www.instagram.com/niagarasoldbykate/

RE/MAX Niagara Realty Ltd, Brokerage

(905) 687-9600
(905) 687-9494
(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/
www.remaxniagara.ca/

Kate Ostryhon-Lumsden
Salesperson

(289) 213-6457

RE/MAX Niagara Realty Ltd, Brokerage

(905) 687-9600
(905) 687-9494
(905) 687-9600
(905) 687-9494
www.remaxniagara.ca/
www.remaxniagara.ca/

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