277 Niagara Street W Welland, Ontario L3C 1K5
$679,990
Exceptional 4-Unit Investment Opportunity in Welland! This versatile property offers an outstanding opportunity for investors, multi-generational families, or buyers seeking multiple income streams. The main home features 2 separate units, with one unit on the main floor and one on the second level. Each unit offers 2 bedrooms, 1 kitchen and 1 bathroom, providing functional layouts and excellent rental potential. Adding further value is the 2-storey garden suite, featuring 2 completely separate apartments, each with 2 bedrooms, 1 kitchen and 1 bathroom, plus separate entrances for added privacy and convenience. In total, the property offers 4 separate units, 8 bedrooms, 4 kitchens and 4 bathrooms. Ample parking is available with space for up to 6 vehicles. Enjoy the convenience of a bus stop directly in front of the property, making transit easily accessible for tenants. Located in a growing area of Welland with new developments and amenities coming to the surrounding area, including a new Longo's and other upcoming projects, adding to the area's future appeal and potential. A rare opportunity to acquire a multi-unit property with excellent flexibility, multiple income streams and strong future potential. Ideal for investors looking to capitalize on Welland's continued growth and development. (id:63203)
Property Details
| MLS® Number | X13676448 |
| Property Type | Single Family |
| Community Name | 769 - Prince Charles |
| Features | Lane, Carpet Free |
| Parking Space Total | 6 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished), N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick, Aluminum Siding |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 105 Ft ,3 In |
| Size Frontage | 34 Ft ,3 In |
| Size Irregular | 34.3 X 105.3 Ft |
| Size Total Text | 34.3 X 105.3 Ft |
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