36 Welland Street, Welland, Ontario  L3B 4E4 - Photo 1 - X12465322
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36 Welland Street
Welland, Ontario L3B 4E4

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:15265)

$624,999 For sale

MLS® Number
X12465322
Type
Multi-family
Building Type
Duplex
Bedrooms
5
Bathrooms
3
Parking
5
SQ Footage
1,500 - 2,000 ft2
Cooling
Central Air Conditioning
Heating
Forced Air

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Property Details

MLS® Number X12465322
Property Type Multi-family
Community Name 773 - Lincoln/Crowland
Features Carpet Free
ParkingSpaceTotal 5
Structure Deck, Porch

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 132 Ft
SizeFrontage 49 Ft ,6 In
SizeIrregular 49.5 X 132 Ft
SizeTotalText 49.5 X 132 Ft
ZoningDescription Rl2, Rm

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Appliances Dishwasher, Dryer, Hood Fan, Water Heater, Stove, Washer, Window Coverings, Refrigerator
BasementDevelopment Finished
BasementFeatures Separate Entrance, Walk Out
BasementType N/a, N/a (finished)
CoolingType Central Air Conditioning
ExteriorFinish Stucco
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1,500 - 2,000 Ft2
Type Duplex
UtilityWater Municipal Water

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.67 m x 4.95 m
Second Level Kitchen 2.75 m x 2.51 m
Second Level Dining Room 4.3 m x 1.95 m
Second Level Living Room 2.65 m x 2.94 m
Second Level Primary Bedroom 2 m x 2.65 m
Basement Kitchen 2.6 m x 2.53 m
Basement Living Room 3.65 m x 2.53 m
Basement Primary Bedroom 3.61 m x 2.64 m
Basement Den 2.56 m x 2.64 m
Basement Laundry Room 1.99 m x 3.19 m
Main Level Living Room 8.16 m x 3.98 m
Main Level Dining Room 8.16 m x 3.98 m
Main Level Kitchen 3.4 m x 2.67 m
Main Level Bedroom 2.71 m x 2.67 m
Main Level Sunroom 4.11 m x 2.68 m

Location Map

Interested In Seeing This property?Get in touch with a Davids & Delaat agent

agent terence davids

Terence Davids

Team Leader & Sales Representative

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fank

Frank DeCicco

Sales Representative

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