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Listed by Amanda Bieksa • Royal LePage State Realty
$554,900
Est. payment /mo
5 Beds
3 Baths
1,850 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Units
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1501 to 2000
Square Footage 1,850 sqft
Price per Sqft $299
MLS Listing ID H4198784
Style 2 Storey
Bedrooms 5
Property Sub-Type 3 Units
Property Description
Turnkey duplex with a lower level 3rd unit/accessory apartment. Recently updated including a new kitchen in the lower level suite, and retrofitted to meet all of the multi-residential fire code requirements. Bright, spacious and freshly painted throughout. All suites are currently vacant which allows the new owner the freedom to set the rental rates. Potential rent: Upper Suite $1700/month Middle Suite $1900/month Lower Suite $1400/month = $60,000 annual rental income! There's more bang for your buck in Welland and a strong rental market.
Location
Province ON
County Niagara
Direction WELLAND AVE. TO MCALPINE S.
Rooms
Basement Separate Entrance, Walk-Out
Interior
Interior Features Carpet Free, Separate Hydro Meters
Heating Radiant
Cooling None
Heat Source Gas
Laundry In-Suite
Exterior
Exterior Feature Other (see Remarks), Vinyl Siding
Waterfront Description None
Present Use RESIDENTIAL
Lot Frontage 40.0
Lot Depth 118.0
Building
Story 2.0
Foundation Concrete Block
Sewer Sewer
Water Municipal
Others
SqFt Source Other (see Remarks)
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