444 King Street Welland, Ontario L3B 3K6
$499,900
Welcome to your dream investment opportunity in Welland! This legal duplex is perfectly situated in a great location, close to the hospital and the canal. This property boasts a huge lot with plenty of parking space, ensuring convenience for both you and your tenants. The main floor of this duplex spans over 800 square feet and features two bedrooms, and was recently renovated. It's ready for you to set your own rent or can serve as a perfect owner-occupied residence. Market rent on this unit would be $1800 plus gas and hydro, paid by the tenant. The upstairs tenants currently pay $1500 per month, in addition to gas and hydro, providing an attractive rental income. Additionally, the basement is accessible from outside or from the main floor and is high, dry, and unfinished, offering potential for further customization and added value. Practicality meets efficiency with two boilers, two gas meters, and two hydro metres, helping to simplify utility management. Don't miss out on this incredible opportunity! Contact us today to schedule a viewing and make this legal duplex yours. Invest in your future with this fantastic property in Welland! (id:35868)
Property Details
| MLS® Number | 40467721 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit |
| Equipment Type | Water Heater |
| Features | Crushed Stone Driveway |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bedrooms Total | 5 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Metal |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 1650 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| None |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 138 Ft |
| Size Frontage | 55 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Insh |
https://www.realtor.ca/real-estate/25937583/444-king-street-welland
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August 21 2023 03:13:32
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage
