Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 1,050,000. (id:52316)
RE/MAX ESCARPMENT REALTY INC.
$750,000
264 HELLEMS AVENUE, Welland, Ontario
7 Bedrooms
2 Bathrooms
Property
MLS® Number: X12189521
Address: 264 HELLEMS AVENUE
City: Welland
Style: Bungalow
Exterior: Vinyl siding
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 24
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Property Sale History
Travel and Neighbourhood
82/100Walk Score®
Very Walkable
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Location
