7 Iron Street, Welland ON L3B 3M3

Description

Calling all savvy investors searching for a prime addition to their real estate portfolio with boundless potential! This exceptional property in Welland is a golden opportunity waiting for you to seize. It boasts a well-balanced mix of ten units, comprising one spacious 3-bedroom unit, four generously-sized 2-bedroom units, one 1-bedroom unit with a den, and four cozy 1-bedroom units, catering to a wide range of tenant preferences. Over the years, numerous updates have been made to enhance the property’s appeal and functionality. These improvements include a complete electrical upgrade to 400 amps with separate panels, a main water line upgrade, a state-of-the-art intercom system with direct communication to tenants’ cell phones, heating enhancements, partial roof refurbishment, replacement of nearly all windows approximately a decade ago, and the recent renovation of three units in the last two years, among other upgrades. Nestled in the heart of Welland and conveniently situated across from new developments, including a burgeoning subdivision, this property enjoys a prime location guaranteed to attract a steady stream of potential tenants. Don’t let this opportunity slip through your fingers—act now to add this income-generating asset to your real estate portfolio today!