Welland L3C 1P3 Ontario
MLS: X13055268
Added 2 hours ago | For Sale
Listed by: ROCK STAR REAL ESTATE INC.
Three Self-Contained Units Offering Strong Income Potential With An Added Opportunity To Acquire A Rare Severed Side Lot For Additional Future Development If Desired. This Property Is Ideal For Investors Looking To Expand Their Portfolio Or Buyers Seeking A House Hack Opportunity While Benefiting From Long-Term Upside. Unit 1 Is Located On The Front Ground Floor And Was Fully Renovated In 2020 With A Modern Kitchen, Updated Bathroom, And New Flooring, Currently Rented At $1,100/Month + 33% Utilities. Unit 2 Located On The Second Floor Was Refreshed In 2021 With Updated Flooring And Vanity And Is Currently Vacant, Providing An Excellent Opportunity To Set Market Rent Or Move In. Unit 3 The Rear Ground Floor Unit Provides Stable All-Inclusive Income At $1,100/Month. Tenants Are Excellent And On Month-To-Month Leases, Offering Flexibility To Optimize Rents Over Time. Key Updates Include Shingles (2016), Windows, Electrical Wiring, And Portions Of The Plumbing. As An Added Bonus, A Separately Severed Side Lot Is Available With Concept Plans Showing Potential For A Triplex Or Sixplex Development (Buyer To Complete Due Diligence), Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | 10 ft x 7 ft, 9 in | |
| Living Room | 7 ft, 10 in x 9 ft, 8 in | ||
| Bedroom | 8 ft, 5 in x 11 ft | ||
| Bathroom | 4 Pc Bath | 6 ft, 3 in x 6 ft, 6 in | |
| Bedroom | 12 ft, 3 in x 10 ft | ||
| Living Room | 14 ft x 11 ft, 6 in | ||
| Kitchen | 6 ft, 11 in x 7 ft, 2 in | ||
| Bathroom | 4 Pc Bath | 4 ft, 11 in x 6 ft, 4 in | |
| Second | Kitchen | 9 ft, 8 in x 9 ft | |
| Living Room | 13 ft, 9 in x 15 ft, 8 in | ||
| Bedroom | 9 ft, 2 in x 9 ft, 1 in | ||
| Bathroom | 7 ft, 5 in x 6 ft |
No property rooms available.
