3 Bedroom
2 Bathroom
1600 sqft
None
Forced Air
$329,000
Contact an agent for details on this promising duplex investment opportunity. The main floor, featuring a one-bedroom unit, was tastefully renovated a few years ago and, with a thorough clean and minor repairs, has the potential to rent for $1425+hydro. The upper unit, currently tenanted, is a spacious two-bedroom that rents for $1650+hydro - this unit will need some repair if this tenant ever leaves. Both units have separate hydro meters, and a coin laundry was recently installed in the side shed, adding to the property's income potential. Located in a desirable area of town, this duplex offers significant value and upside for the right investor. (id:49454)
Property Details
MLS® Number
|
40606749 |
Property Type
|
Multi-family |
Features
|
Laundry- Coin Operated |
Parking Space Total
|
3 |
Building
Bathroom Total
|
2 |
Bedrooms Total
|
3 |
Basement Development
|
Partially Finished |
Basement Type
|
Full (partially Finished) |
Constructed Date
|
1925 |
Cooling Type
|
None |
Exterior Finish
|
Aluminum Siding, Metal, Other |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
1600 Sqft |
Type
|
Duplex |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Municipal Sewage System |
Size Depth
|
59 Ft |
Size Frontage
|
36 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
Rl2 |
https://www.realtor.ca/real-estate/27051678/60-margery-road-welland