36 Welland Street, Welland, Ontario L3B 4E4

Listed for:
$624,999
5 beds
3 baths
Listed 36 days ago
Duplex for rent: 36 Welland Street, Welland, Ontario L3B 4E4

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Learn more about this property
Listing provided by:
ROYAL LEPAGE URBAN REALTY
MLS® number:
X12465322
Agent:
Jonathan Santos
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About

E Main St 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:27476)

Property Highlights

MLS® Number
X12465322
Type
Multi-family
Community Name
773 - Lincoln/Crowland
Land Size
49.5 x 132 FT
Parking Space Total
5

Building

Building Type
Duplex
Storeys
2.00
Square Footage
1500 - 2000 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
5
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
N/A, N/A (Finished)
Basement Features
Separate entrance, Walk out
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

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

Location