31 Wright Street, Welland | Image 1

31 Wright Street

Welland, 773 - Lincoln/Crowland

  • - bed - bath - sqft
$XXX,XXX est.*: $1,203/mo
For Sale

Added 1 week ago

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  • Type: Duplex

  • Style: 2-Storey

  • Size: 1100 sqft

  • Lot Size: 35 x 110 Feet

  • Age: 31-50 years

  • Taxes: $3,950 per year

  • Days on Site: 2 Days

  • Added: Nov 27, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X11604724

  • Listed By: A.g. robins & company ltd, brokerage

ATTENTION INVESTORS AND FIRST TIME HOME BUYERS! Legal Duplex with two vacant 2 bedroom units. Income in range of 26000 to 33000 per year. If you're in search of a promising investment opportunity or live and rent, don't miss this one.This property features two separate 2-bedroom units with completely independent tenant responsible utilities (gas and hydro meters), separate furnaces and hot water heaters, each with its own laundry facilities, located in a divided partially finished basement, brand new windows, High efficiency furnaces (owned), and TONS OF POTENTIAL!. Either rent both or rent one and live in the other and have the tenants pay your mortgage. Fantastic cap rate on this property.Full basement, partially finished with front and back access and convenient 2 pc bath. Potential to develop another unit in the basement with rear entrance.Currently 100% compliant with TSSA and fire separation requirements.Private single drive with 4+ parking and a detached single car garage/workshop with new roof in 2021.The duplex is situated in a central east Welland location with close proximity to shopping, public transit, and easy highway access. 20 minutes to niagara falls or St Caths and 10 minutes to the thorold campus. Make sure to add this to your list of must-see investments.

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Property

  • Status: Sale

  • Property Type: Duplex

  • Style: 2-Storey

  • Size (sq ft): 1100

  • Age: 31-50

  • Area: Welland

  • Community: 773 - Lincoln/Crowland

  • Availability Date: immediate

  • Assessment Year: 2024

Inside

  • Bedrooms: 4

  • Bathrooms: 2

  • Kitchens: 2

  • Rooms: 12

  • Den/Family Room: Yes

  • Air Conditioning: None

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 2

Building

  • Basement: Sep Entrance

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Alum Siding

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Spaces: 1

  • Garage Type: Detached

  • Covered Parking Spaces: 3

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: Lot 17 Plan 13NP 936

  • Taxes: $3,950

Highlights

  • Feature: Library

  • Feature: Park

  • Feature: Place Of Worship

  • Feature: Public Transit

  • Feature: School

  • Feature: School Bus Route

Land

  • Cross Street: Ontario Rd

  • Municipality District: Welland

  • Fronting On: South

  • Parcel Number: 644060014

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 110 Feet

  • Lot Frontage: 35 Feet

  • Acres: < .50

  • Zoning: RL2

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Somewhat Walkable

  • Some errands can be accomplished on foot.
65 /100

Some Transit

  • Most errands require a car.
25 /100

Bikeable

  • Some errands can be accomplished on bike.
54 /100
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