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136 REGENT STREET, Welland (Welland Downtown)

· 1314 sqft

$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.

General Info


MLS Listing ID: X14145532 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: N/A Roof: N/A Title To Land: N/A Parking Space Total: 0
Parking: N/A Heating: Forced air Size: 1314 sqft Air Conditioning : Partially air conditioned
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: Nicki Lumsden, RE/MAX NIAGARA REALTY LTD, BROKERAGE

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