80 Mill St

For Sale 38 Days
$799,900
5 beds
4 baths
2,928 Sqft

80 Mill St

For Sale 38 Days
$799,900
5 beds
4 baths
2,928 Sqft

Highlights

Key insights

Description

PRIME RIVERFRONT INVESTMENT OPPORTUNITY! 80 Mill St, a rare and lucrative investment opportunity awaits with this triplex, strategically located in the heart of Welland. This property features (3) distinct rental units, making it an ideal choice for investors seeking immediate cash flow and long term growth potential. Situated on a generous .50 acre lot backing onto the Welland River, this triplex combines tranquillity of a country like setting with the convenience of urban amenities, ensuring strong tenant appeal and consistent rental demand. The main floor unit is a standout, having been updated to modern standards offering a spacious 3 bedroom, 2 bathroom layout, complete with a finished basement that adds valuable space. The two upper units, each featuring 1 bedroom and 1 bathroom, are currently tenanted, providing investors with immediate rental income. The property's exterior is equally impressive, with ample parking space to accommodate tenants. Location is a key highlight as the property is conveniently close to schools, grocery stores, shopping centres, restaurants, and recreational facilities. Proximity to major roadways also ensures easy commutes to surrounding areas. This property has lots of potential with its combination of immediate rental income from tenants in the upper units, a modernized main floor unit, and a large lot offering future value opportunities. This is a turnkey investment! Don't miss your chance to own this exceptional investment property!

Isabel Pinheiro of THE AGENCY,
MLS®#40754506
updated 2 weeks ago.
Houseful checked MLS® for data 2 weeks ago.

Home overview

Amenities / Utilities
  • Cooling
    Window unit(s)
  • Heat type
    Forced air, natural gas
  • Pets allowed (y/n)
    No
  • Sewer/ septic
    Sewer (municipal)
Exterior
  • Construction materials
    Metal/steel siding, vinyl siding
  • Foundation
    Concrete block
  • Roof
    Asphalt shing, flat
  • Exterior features
    Awning(s), balcony, landscaped, private entrance
  • Other structures
    Shed(s)
  • # parking spaces
    10
  • Parking desc
    Asphalt
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    5
  • # of rooms
    18
  • Has fireplace (y/n)
    Yes
  • Laundry information
    In basement
  • Interior features
    Water meter
Location
  • County
    Niagara
  • Area
    Welland
  • View
    River
  • Water body type
    River, direct waterfront, north, river front, river/stream
  • Water source
    Municipal-metered
  • Zoning description
    Rl2 epa
Lot/ Land Details
  • Lot desc
    Urban, ample parking, cul-de-sac, greenbelt, quiet area
  • Lot dimensions
    50 x 270
  • Water features
    River, direct waterfront, north, river front, river/stream
Overview
  • Approx lot size (range)
    0 - 0.5
  • Basement information
    Development potential, full, partially finished, sump pump
  • Building size
    2928
  • Mls® #
    40754506
  • Property sub type
    Single family residence
  • Status
    Active
  • Virtual tour
  • Tax year
    2025
Rooms Information metric
  • Bathroom
    Second
    Level: 2nd
  • Bedroom
    Second
    Level: 2nd
  • Living room
    Second
    Level: 2nd
  • Eat in kitchen
    Second
    Level: 2nd
  • Eat in kitchen
    Second
    Level: 2nd
  • Living room
    Second
    Level: 2nd
  • Dining room
    Second
    Level: 2nd
  • Bathroom
    Second
    Level: 2nd
  • Bedroom
    Second
    Level: 2nd
  • Living room
    Main
    Level: Main
  • Bedroom
    Main
    Level: Main
  • Dining room
    Main
    Level: Main
  • Bedroom
    Main
    Level: Main
  • Bathroom
    Main
    Level: Main
  • Bedroom
    Main
    Level: Main
  • Recreational room
    with full bar with water hook ups.
    Level: Main
  • Eat in kitchen
    Main
    Level: Main
  • Bathroom
    Main
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

Show less

rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-2,133

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%

Nearby Homes