264 HELLEMS AVENUE

$699,000

Welland Downtown, Welland, Ontario

  • 7 beds
  • 2 baths
Residential · Single FamilyType
24Parking
Forced air, Natural gasHeating
Central air conditioningCooling
159Days 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

Bedrooms
7
Bedrooms above grade
5
Bedrooms below grade
2
Bathrooms
2
Storeys
1
Basement
Finished, N/A
Appliances
Washer, Refrigerator, Dishwasher, Dryer, Furniture, Two stoves

Exterior & parking

Structure type
House
Architectural style
["Bungalow"]
Lot size
42 x 210 FT
Parking spaces
24
Parking features
Detached Garage, Garage
Exterior features
Vinyl siding

Building & HOA

Heating
Forced air, Natural gas
Cooling
Central air conditioning

Financial & legal

List price
$699,000
Annual taxes
$4,412
Tenure
Freehold
Status
Active
MLS® number
X12918792

Location

City
Welland
Neighbourhood
Welland Downtown
Province
Ontario
Postal code
L3B3B7
Directions
Lincoln St/Hellems Ave

Room details

RoomLevelDimensionsFeatures
KitchenMain level4.26 x 3.35 meters
BedroomMain level3.35 x 3.35 meters
Bedroom 2Main level3.35 x 3.35 meters
Bedroom 3Main level3.35 x 3.35 meters
Bedroom 4Main level3.35 x 3.35 meters
Bedroom 5Main level3.35 x 3.35 meters
KitchenBasement6.7 x 4.26 meters
Living roomBasement6.7 x 4.26 meters
BedroomBasement3.35 x 3.35 meters
BedroomBasement3.35 x 3.35 meters

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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).