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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
Fireplace No
Heat Source Gas
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
Unit Features Public Transit,Park,School Bus Route,School
Foundation Concrete Block