37
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$355,000
Est. payment /mo
4 BD
2 BA
1,099 SqFt
Active
31 WRIGHT STREET Welland (773 - Lincoln/crowland), ON L3B2K2
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,099 sqft
Price per Sqft $323
Subdivision 773 - Lincoln/Crowland
MLS® Listing ID X11604724
Bedrooms 4
Originating Board Niagara Association of REALTORS®
Property Description
ATTENTION INVESTORS AND FIRST TIME HOME BUYERS! Legal Duplex with two vacant 2 bedroom units. Income in range of 26000 to 33000 per year. If you're in search of a promising investment opportunity or live and rent, don't miss this one.This property features two separate 2-bedroom units with completely independent tenant responsible utilities (gas and hydro meters), separate furnaces and hot water heaters, each with its own laundry facilities, located in a divided partially finished basement, brand new windows, High efficiency furnaces (owned), and TONS OF POTENTIAL!. Either rent both or rent one and live in the other and have the tenants pay your mortgage. Fantastic cap rate on this property.Full basement, partially finished with front and back access and convenient 2 pc bath. Potential to develop another unit in the basement with rear entrance.Currently 100% compliant with TSSA and fire separation requirements.Private single drive with 4+ parking and a detached single car garage/workshop with new roof in 2021.The duplex is situated in a central east Welland location with close proximity to shopping, public transit, and easy highway access. 20 minutes to niagara falls or St Caths and 10 minutes to the thorold campus. Make sure to add this to your list of must-see investments. (id:24570)
Location
State ON
Interior
Heating Forced air
Exterior
Parking Features Yes
Community Features School Bus
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by A.G. ROBINS & COMPANY LTD, BROKERAGE
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