INVESTOR OPPORTUNITY! Non-Conforming Multi-Unit, Priced to Sell. Fantastic opportunity in the heart of Welland. Currently configured as a non-conforming multi-unit property with three self-contained living areas, this home offers strong income potential and is completely vacant, allowing buyers to set market rents or customize occupancy.The layout includes two spacious 3-bedroom units plus a studio basement unit with a separate entrance, offering excellent flexibility for investors or multi-generational living. Based on market rents, the property presents potential rental income of approximately $5,000 per month, making it an attractive option for buyers seeking the possibility of positive cash flow.Buyer to complete their own due diligence regarding zoning, permitted use, and future use of the property.Recent updates include new basement flooring and a newly installed washer and dryer in a common area. Additional features include ample storage with a large backyard shed.A rare opportunity to acquire a fully vacant, income-generating configuration at an aggressive price point. Schedule your showing to explore the potential!
Details
X12766988
0
$569,900
N/A SquareFeet
1500-2000 Sqft
N/A
6
3
Duplex
None
3 + 3
2 1/2 Storey
Sale
Additional details
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N/A
N
Finished with Walk-Out
Other
Municipal
Schools Nearby
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FAQ
What is the total square footage of the X12766988 - 221 Hellems Avenue, Welland, ON L3B 3B6?
The total square footage of this property is 1500-2000 SqFt.
What schools near to X12766988 - 221 Hellems Avenue, Welland, ON L3B 3B6?