26 Albina Street, Welland, Ontario L3C 1P3

Listed for:
$499,900
3 beds
3 baths
Listed 17 days ago
House for rent: 26 Albina Street, Welland, Ontario L3C 1P3

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About

Off of West Main, between Franklin and Frazer 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 $1083.39/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, Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth. (id:27476)

Property Highlights

MLS® Number
40824707
Type
Single Family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
2

Building

Building Type
House
Storeys
2.00
Square Footage
1586 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
3
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

4pc Bathroom
Second level
7'5'' x 6'0''
Bedroom
Second level
9'2'' x 9'1''
Living room
Second level
13'9'' x 15'8''
Kitchen
Second level
9'8'' x 9'0''
4pc Bathroom
Main level
4'11'' x 6'4''
Kitchen
Main level
6'11'' x 7'2''
Living room
Main level
14'0'' x 11'6''
Bedroom
Main level
12'3'' x 10'0''
4pc Bathroom
Main level
6'3'' x 6'6''
Bedroom
Main level
8'5'' x 11'0''
Living room
Main level
7'10'' x 9'8''
Kitchen
Main level
10'0'' x 7'9''

Location

Learn more about this property
Listing provided by:
Rock Star Real Estate Inc.
MLS® number:
40824707
Agent:
Long Li
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