ATTENTION INVESTORS AND FIRST TIME HOME BUYERS! Legal Duplex with two vacant 2 bedroom units. Income in range of 26000 to 33000 per year. If you're in search of a promising investment opportunity or live and rent, don't miss this one.This property features two separate 2-bedroom units with completely independent tenant responsible utilities (gas and hydro meters), separate furnaces and hot water heaters, each with its own laundry facilities, located in a divided partially finished basement, brand new windows, High efficiency furnaces (owned), and TONS OF POTENTIAL!. Either rent both or rent one and live in the other and have the tenants pay your mortgage. Fantastic cap rate on this property.Full basement, partially finished with front and back access and convenient 2 pc bath. Potential to develop another unit in the basement with rear entrance.Currently 100% compliant with TSSA and fire separation requirements.Private single drive with 4+ parking and a detached single car garage/workshop with new roof in 2021.The duplex is situated in a central east Welland location with close proximity to shopping, public transit, and easy highway access. 20 minutes to niagara falls or St Caths and 10 minutes to the thorold campus. Make sure to add this to your list of must-see investments. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
4
Bathrooms
2
Lot
35 x 110 ft
Amenities Nearby
Public Transit, Place of Worship, Park, Schools
Community Features
School Bus
Features
Flat site, Lighting
Listing Contract Date
2024-11-28
Location Description
Ontario Rd
# of Parking Spaces
4
Property Type
Single Family
Structures
Porch
Transaction Type
For sale
Zoning Description
RL2
Building
Amenities
Separate Electricity Meters
Basement Features
Separate entrance
Basement Type
N/A
Exterior Finish
Aluminum siding
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
35 x 110 FT | under 1/2 acre
Amenities
Public Transit, Place of Worship, Park, Schools
Sewer
Sanitary sewer
Size of Irregular Land
35 x 110 FT
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