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Welland,ON L3B 2Y7
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12418695
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,670
Tax Year 2024
Property Sub-Type Duplex
Property Description
Investor Alert - Turn-key Duplex with $40K+ NOI & Triplex Potential! This turnkey duplex in central Welland offers $40,000+ projected NOI and over $900/month cash flow, with separate utilities for both spacious 2-bed units. Basement with separate entrance and full ceiling height is primed for triplex conversion (waterproofed with sump pump). Parking for 3-4 vehicles. A strong, flexible asset in a high-demand rental market!
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Rooms
Family Room No
Basement Full,Walk-Up
Kitchen 2
Interior
Interior Features Separate Hydro Meter,Primary Bedroom - Main Floor,Water Heater Owned,Separate Heating Controls
Cooling Central Air
Inclusions 2 Fridges, 2 stoves, 2 Dishwashers, 2 Washers, 2 Dryers, 1 above the range vented microwave, 2 furnaces, 2 hot water heaters.
Exterior
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 125.0
Total Parking Spaces 4
Building
Building Age 51-99
Foundation Concrete Block
Others
Senior Community No