36 WELLAND STREET new Save Request In-Person Tour Request Virtual Tour
Welland (lincoln/crowland),ON L3B4E4
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $466
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12101731
Bedrooms 5
Property Description
Calling All Investors & First-Time Homebuyers! Turnkey Welland Duplex W/ Finished Basement Apartment & Garden Suite Potential!Exceptional Opportunity To Own A Well-Maintained Legal Duplex With A Finished Basement Apartment, Ideal For Generating Multiple Rental Incomes Or Comfortable Multi-Unit Living. The Spacious Main Unit Offers 2 Bedrooms, 1 Bath Over Two Storeys, Featuring A Brand New Kitchen, Open-Concept Layout, Walkout To A Large Backyard, And An Oversized Primary Bedroom With A Private Balcony. Projected Rent: $2,200/Month. The Upper 1-Bed, 1-Bath Unit Has A Separate Rear Entrance And Is Currently Tenanted Month-To-Month At $1,335/Month. The Finished Basement Adds Flexibility And Is Ideal For Additional Rental Income, With A Projected Rent Of $1,200/Month.The Property Includes Two Separate Driveways, Allowing For Parking For 5+ Vehicles, And Is Located In An RM Zoning Area, Which Allows For Further Expansion. Providing Excellent Potential To Increase Value And Rental Income. This Property Offers An Incredible Opportunity For Investors Or Homeowners Looking To Supplement Their Mortgage. 7% Cap Rate Potential. Endless Opportunities Await. Book Your Showing Today! Preliminary Drawings For Garden Suite Potential Available Upon Request. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://drive.google.com/file/d/10N5iTydfSTOdrnuBW11GX3Nh-G7uquFv/view?usp=drive_link