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264 Hellems Avenue Welland, Ontario L3B 3B7

2 Bathroom

$750,000

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 1,050,000. (id:12481)

Property Details

MLS® Number X12189522
Property Type Vacant Land
Community Name 768 - Welland Downtown
AmenitiesNearBy Highway, Public Transit
ParkingSpaceTotal 10

Building

BathroomTotal 2
Appliances Dishwasher, Dryer, Furniture, Two Stoves, Washer, Refrigerator
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Public Transit
SizeDepth 210 Ft
SizeFrontage 42 Ft
SizeIrregular 0.2
SizeTotal 0.2 Ac
SizeTotalText 0.2 Ac
ZoningDescription Rl2

https://www.realtor.ca/real-estate/28401951/264-hellems-avenue-welland-welland-downtown-768-welland-downtown

Contact Us

Get in touch with us for more information!


Phil Spoelstra
Broker of Record

(519) 870-7325
(519) 667-1958
www.farmontario.com

RE/MAX Centre City Phil Spoelstra Realty, Brokerage
34 Grandview Crescent
London, Ontario N6K 2Y2

(519) 667-1800
(519) 667-1958
www.farmontario.com

Ron Steenbergen
Broker

(226) 234-8239
(519) 667-1958
www.farmontario.com/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com