LOADING

50-52 Duncan Street Welland, Ontario L3B 2C8

10 Bedroom 5 Bathroom 3088
None Hot Water Radiator Heat

$1,199,000

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:36938)

Property Details

MLS® Number 40182300
Property Type Multi-family
Amenities Near By Place Of Worship, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Community Features School Bus
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 10

Building

Bathroom Total 5
Bedrooms Total 10
Appliances Microwave
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1940
Cooling Type None
Exterior Finish Stucco
Fire Protection Smoke Detectors
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 3088
Type Fourplex
Utility Water Municipal Water

Land

Access Type Highway Nearby
Acreage No
Fence Type Fence
Land Amenities Place Of Worship, Public Transit, Schools, Shopping
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 61 Ft
Size Irregular 0.141
Size Total 0.141 Ac|under 1/2 Acre
Size Total Text 0.141 Ac|under 1/2 Acre
Zoning Description Rm

Utilities

Cable Available
DSL* Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/23783435/50-52-duncan-street-welland

RE/MAX Realty Enterprises Inc., Brokerage
1697b Lakeshore Rd West
Mississauga, Ontario L5J 1J4

(905) 855-2200
(905) 855-2201
www.remaxrealtyenterprises.com