Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering 3 fully self-contained legal units. The property features two units in the main building and a standalone 2-bedroom garden suite, all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, and access to a private front balcony. The garden suite includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rents, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location. (id:63008)
| MLS® Number | 40779100 |
| Property Type | Multi-family |
| AmenitiesNearBy | Place Of Worship, Public Transit, Schools, Shopping |
| ParkingSpaceTotal | 6 |
| BathroomTotal | 4 |
| BedroomsTotal | 6 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Central Air Conditioning, Wall Unit |
| ExteriorFinish | Stone, Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Radiant Heat, Heat Pump |
| StoriesTotal | 2 |
| SizeInterior | 2347 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 119 Ft |
| SizeFrontage | 60 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rl2 |
https://www.realtor.ca/real-estate/28992788/111-mcalpine-avenue-s-welland
Tammy Ditomaso
Salesperson
Christopher Hook
Salesperson