Address
50-52 DUNCAN Street Welland, ON
Price
$ 1,199,000
Property Attributes
  • ID#40182300
  • TypeMulti-Family
  • CountyNIAGARA ASSOCIATION OF REALTORS
  • CityWelland
  • Neighborhood770 - Lincoln - Crowland
  • ZipL3B 2C8
  • Style
  • Price$ 1,199,000
  • Bedrooms10
  • Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3088
  • Lot Size6,142 SqFt
Listing Provided Courtesy Of:
RE/MAX REALTY ENTERPRISES INC., BROKERAGE
Data Source:
Canadian Real Estate Association
Property Description

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:7434)

General Features

Ammenities Place of Worship, Public Transit, Schools, Shopping
Building Appliances Microwave
Building Cooling Type None
Building Type Fourplex
Community Features School Bus
Features Paved driveway, Laundry- Coin operated
Location Description HIGHWAY #406, TURN EAST ONTO EAST MAIN STREET, SOUTH ON DUNCAN ST
More Information Link https://www.realtor.ca/real-estate/23783435/50-52-duncan-street-welland
Ownership Type Freehold
Property Type Multi-family
Zoning Description RM

Interior Features

Basement Development Partially finished
Basement Type Full (Partially finished)
Building Fireplace Present False
Building Heating Type Hot water radiator heat

Exterior Features

Exterior Finish Stucco
Fence Type Fence
Land Amenities Place of Worship, Public Transit, Schools, Shopping
Parking Space Total 10
Sewer Sanitary sewer

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L3B 2C8

Price
AVG $1.2M
$1.2M
Visits
AVG 5
4
Year Built
AVG 1940
1940