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. Income Details: The Upper 1-bedroom, 1-Bath Unit With A Private Rear Entrance Is Currently Tenanted Month-To-Month At $1,335/Month. The Finished Basement Is Currently Tenanted On A Year Lease At $1,300/month. The Main Floor Unit Is Currently Tenanted On A Year Lease At $2,000/month. Providing Excellent Income Potential. 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:52316)
ROYAL LEPAGE URBAN REALTY
$639,999
36 WELLAND STREET, Welland, Ontario
5 Bedrooms
3 Bathrooms
Property
MLS® Number: X12372602
Address: 36 WELLAND STREET
City: Welland
Exterior: Stucco
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 5
This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
Property Sale History
Travel and Neighbourhood
77/100Walk Score®
Very Walkable
Wondering what your commute might look like? Get Directions
Location
