Listing 29513657

$699,000

768 - Welland Downtown

  • 2 baths
Land · Vacant LandType
10Parking
160Days on market

About this property

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42′ x 210′ lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 948,900. (id:45603)

Property details

Interior

Bathrooms
2
Appliances
Washer, Dishwasher, Dryer, Furniture

Exterior & parking

Architectural style
[]
Lot size
0.2
Parking spaces
10

Financial & legal

List price
$699,000
Annual taxes
$4,412
Status
Active
MLS® number
X12918780

Location

Neighbourhood
768 - Welland Downtown
Directions
Lincoln St/Hellems Ave

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).