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386 Gatfield AVE Niagara, ON L3B 5B2
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Key Details
Sold Price $280,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1100-1500
Municipality Welland
MLS Listing ID X11823759
Sold Date 02/02/25
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $2,704
Tax Year 2024
Property Description
Looking for your next investment opportunity or renovation project? This legal non-conforming Duplex with accessory apartment is packed with potential and is waiting for your creative touch! Nestled in a desirable neighbourhood with strong rental demand, this property is perfect for a savvy investor or contractor. Key features include three separate units each offering good living space, private entrances and flexible floor plans that cater to a variety of tenant needs plus with its spacious lot size, there is room for outdoor enhancements, parking or even an expansion project. Currently the building is completely tenanted with rents of $700.00; $550.00 and $650.00 per month. While the building does need some TLC, it presents a fantastic opportunity for those with an eye for renovation and a knack for maximizing returns!
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Region 773 - Lincoln/Crowland
City Region 773 - Lincoln/Crowland
Rooms
Family Room No
Basement Finished with Walk-Out, Apartment
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Water Heater
Cooling None
Exterior
Exterior Feature Deck, Patio
Parking Features Private Double
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 100.0
Total Parking Spaces 4
Building
Foundation Concrete
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