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 $848,000. (id:12481)
| MLS® Number | X13809850 |
| Property Type | Vacant Land |
| Community Name | 768 - Welland Downtown |
| AmenitiesNearBy | Highway, Public Transit |
| ParkingSpaceTotal | 10 |
| BathroomTotal | 2 |
| Appliances | Dishwasher, Dryer, Furniture, Washer |
| UtilityWater | Municipal Water |
| 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 |
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
Ron Steenbergen
Broker