31 Wright Street Welland, Ontario L3B 2K2
$355,000
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. (id:35492)
Property Details
| MLS® Number | X11604724 |
| Property Type | Single Family |
| Community Name | 773 - Lincoln/Crowland |
| Amenities Near By | Public Transit, Place Of Worship, Park, Schools |
| Community Features | School Bus |
| Features | Flat Site, Lighting |
| Parking Space Total | 4 |
| Structure | Porch |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Amenities | Separate Electricity Meters |
| Basement Features | Separate Entrance |
| Basement Type | N/a |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit, Place Of Worship, Park, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft |
| Size Frontage | 35 Ft |
| Size Irregular | 35 X 110 Ft |
| Size Total Text | 35 X 110 Ft|under 1/2 Acre |
| Zoning Description | Rl2 |
Contact Us
Contact us for more information
Kristyn Robins
Broker of Record
12180 Lakeshore Rd
Wainfleet, Ontario L0S 1V0
(905) 834-6017
(905) 834-5539
www.robinsrealestate.com/
Aubrey Storring
Salesperson
12180 Lakeshore Rd
Wainfleet, Ontario L0S 1V0
(905) 834-6017
(905) 834-5539
www.robinsrealestate.com/
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November 29 2024 10:53:13
Niagara Association of REALTORS®
A.g. Robins & Company Ltd, Brokerage