Exceptional Investment Opportunity in Welland! Perfect for large families or savvy investors, this charming property offers versatility and value in the heart of Welland's vibrant downtown. The main floor features a spacious 2-bedroom, 1-bathroom unit with a generous dining/living area and a cozy galley kitchen. Original hardwood floors lend timeless character to the space. At the back of the property, a secondary living area includes a full 4-piece bathroom ideal for extended family or potential rental income. The recently renovated basement, complete with new floors and cabinetry, adds extra living or storage space. A spacious backyard and a detached 1.5-car garage offer both convenience and privacy. Situated close to shops, restaurants, and entertainment, this property is perfectly located to take advantage of Wellands growing community and revitalization. Whether youre looking for a family home or a smart investment, this property delivers. With a 6.7% cap rate, it's a solid investment opportunity you dont want to miss. Start your real estate journey in Downtown Welland today and watch your ambitions pay off! (id:47423)
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Detailed Information
Bedrooms
4
Bathrooms
3
Lot
33 x 132 ft
Amenities Nearby
Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features
Sump Pump
Listing Contract Date
2024-10-11
Location Description
King & Griffith
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RL2
Building
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Stucco
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Amenities
Park, Place of Worship, Playground, Public Transit, Schools, Shopping
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