MLS® X13453590 · Listed by ROCK STAR REAL ESTATE INC. Source: TRREB MLS®. THE AGENCY does not represent this listing.
$762,000
Triplex for sale · 5+1 bed · 4 bath
Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering a legal duplex plus an ADU. The property features two units in the main building and a standalone 2-bedroom Additional Dwelling Unit (ADU), 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 ADU 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.