Sold on Jan 16, 2025
Note: Property is not currently for sale or for rent.
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Type: Duplex
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Style: 2-Storey
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Size: 1100 sqft
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Lot Size: 35 x 110 Feet
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Age: 31-50 years
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Taxes: $3,950 per year
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Days on Site: 49 Days
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Added: Nov 28, 2024 (1 month on market)
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Updated:
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Last Checked: 1 hour ago
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MLS®#: X11604724
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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.
Status
Days on Market: 49
Last Status: Sold
Sold Date: Jan 16, 2025
Closed Date: Feb 27, 2025
Expiry Date: Feb 28, 2025
Sold Price: $340,000
Unavailable Date: Jan 17, 2025
Input Date: Nov 29, 2024
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
Central Vacuum: N
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
Somewhat Walkable
- Some errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Bikeable
- Some errands can be accomplished on bike.
École élémentaire Champlain
Elementary: PublicÉÉC Saint-François-d'Assise
Elementary: CatholicSt Mary Catholic Elementary School
Elementary: CatholicPlymouth Public School
Elementary: PublicDiamond Trail Public School
Elementary: PublicPrincess Elizabeth Public School
Elementary: PublicÉcole secondaire Confédération
Secondary: PublicEastdale Secondary School
Secondary: PublicÉSC Jean-Vanier
Secondary: CatholicCentennial Secondary School
Secondary: PublicLakeshore Catholic High School
Secondary: CatholicNotre Dame College School
Secondary: Catholic