Address
50-52 DUNCAN Street Welland, ON
Price
$ 1,199,000
Property Attributes
  • ID#40182300
  • TypeMulti-Family
  • CityWelland
  • NeighbourhoodEastdale
  • Postal CodeL3B 2C8
  • StyleFourplex
  • Price$ 1,199,000
  • Bedrooms10
  • Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3088
Listing Provided Courtesy Of:
Brenda Sabine-Green with Re/Max Realty Enterprises Inc., Brokerage
Data Source:
RLP - CREA EN
Property Description

ATTENTION INVESTORS, RARE OPPORTUNITY! Incredible Investment Opportunity To Own Or Live In One Unit And Rent The Other Three Units With this LEGAL FOURPLEX! Zoned & Roughed-In Plumbing For Bathrooms To Permit An Additional 2 Units In The Basement. Seperately Metered Utilities. Recent Renovations: Asphalt Driveway, New Concrete Floors (Basement), Sod, Fence (2021), Stucco (2011), Roof (2015), Windows & Waterproofing (2010), Attic Insulation #52 (2012), Owned x2 Domestic Water Heater (2017). No Rental Contracts, All Equipment Is Owned. NOI $33,932.30, Gross Rents $3,937.50/ Month With 1.2% Increase In 2022. Cap 2.82%. Full List Of Financials Available. Situated In A Mature Neighbourhood Within Walking Distance To Downtown, Parks, Several Restaurants & Shops, Schools, Library And Transit. Square Footage Is Approximate, Buyer To Do Own Due Diligence. Great Future Income Potential. (id:27)

General Features

Beds 10
Parking Spaces 10

Interior Features

Bedrooms 10
Total Baths 5

Exterior Features

Lot Frontage 61.0
Jumpid 16450547
Mls 40182300

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L3B 2C8

Price
AVG $1.2M
$1.2M
Visits
AVG 10
9
Year Built
AVG 1940
1940
Walkscore
AVG 52
52
Data Provided by Walkscore ® not using MLS data