$329,000 FOR SALE

Duplex

Bedrooms: 3Bathrooms: 2Lot: 36 x 59 ft

60 Margery Road
Welland, ON L3B 2P6

Contact an agent for details on this promising duplex investment opportunity. The main floor, featuring a one-bedroom unit, was tastefully renovated a few years ago and, with a thorough clean and minor repairs, has the potential to rent for $1425+hydro. The upper unit, currently tenanted, is a spacious two-bedroom that rents for $1650+hydro - this unit will need some repair if this tenant ever leaves. Both units have separate hydro meters, and a coin laundry was recently installed in the side shed, adding to the property's income potential. Located in a desirable area of town, this duplex offers significant value and upside for the right investor. (id:47423)

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Listed By Davenport Realty Brokerage
Data Provided By Waterloo Region Association of REALTORS®
MLS® Listing Number 40606749
Last Updated Jun 18, 2024
Property Summary
Property Type Duplex

More like this:
Subdivision 768 - Welland Downtown
Price History
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Detailed Information
Bedrooms 3
Bathrooms 2
Lot 36 x 59 ft
Features Laundry- Coin operated
Listing Contract Date 2024-06-17
Location Description River > McMaster > Margery
Ownership Type Freehold
# of Parking Spaces 3
Property Type Multi-family
Transaction Type For sale
Zoning Description RL2
Building
Basement Development Partially finished
Basement Type Full (Partially finished)
Constructed Date 1925
Cooling Type None
Exterior Finish Aluminum siding, Metal, Other
Heating Type Forced air
Stories Total 2
Type Duplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Sewer Municipal sewage system

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