136 REGENT STREET
Welland (Welland Downtown), Ontario
MLS® X14145532
$399,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14145532
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 9Listing description
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. The income and expense summary is available on request.
Property summary
- MLS® number
- X14145532
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 1,314 sq ft
- Land size
- 34.33 x 130.39 FT
- Annual property taxes
- $2,556.25
- Days on market
- 2 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $399,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE, ST. CATHARINES.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.