ON
Welland (Lincoln/Crowland)
L3B4E4
36 Welland Street
36 Welland Street, Welland (Lincoln/Crowland), ON L3B4E4
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Listing Type
Multi Family
Listing Status
active
41
$639,999

Home Details for 36 Welland Street

Price
$639,999
Type
Residential Income
Bedrooms
5
Bathrooms
3.0
Square feet
NaN
Parking
Detached
Days on site
71
Listing #
X12372602
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. 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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
  • Parking
    • Detached
Listing Courtesy: ROYAL LEPAGE URBAN REALTY
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Kate Hoekstra
License #: 5012081
Franchisee
Office
647 618 3158
Agent
647 618 3158
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