Address
458 Harriet Street, Welland, ON
Price
$ 624,900
Property Attributes
  • ID#40554982
  • TypeMulti-Family
  • CountyNIAGARA
  • CityWelland
  • AreaNiagara
  • NeighborhoodOntario Road - Dain City
  • ZipL3B 2J1
  • Style
  • Price$ 624,900
  • Bedrooms7
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1780
Data Source:
RLP - CREA EN
Property Description

Welcome to the remarkable duplex at 458 Harriet Street. This property boasts an impressive cap rate of 8.19% and has seenextensive renovations over the past two years.One of the significant upgrades is the heating system, which has been transitioned to multiple Ductless Mini Split units.This innovative system allows for individualized heat and hydro control for each unit, with tenants covering their ownhydro costs, encompassing both heating and electricity.The property features three units, each fully rented. The layout includes an upper-level two-bedroom unit, a main-floortwo-bedroom unit that was updated in 2022, and a lower-level three-bedroom unit that was updated in 2022, all units have theirown separate entrance.Adding to the property's appeal is an expansive double-car garage, which is currently rented out and features its own seperate hydro meter for future expansion.Described as a duplex, this property effectively functions as three self-contained units, offering a unique investmentopportunity. Experience the blend of functionality and revenue at 458 Harriet Street.

General Features

Zoning R1
Garage yes
Terms SALE
Parking yes
Inclusions Other,3 Fridges, 3 Stoves, (1 Set Per Unit)
Parking Spaces 4

Interior Features

Bedrooms 7
Beds 7

Exterior Features

Lot Frontage 49.97

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 2J1

Price
AVG $620K
$620K
Visits
AVG 76
75
Data Provided by Inside Real Estate®
Year Built
AVG 1949
1949

Your Agent

Breck QA

Swag Master Dabber

559-490-1500

Listed By
Robert Di Corrado with Re/Max Garden City Realty Inc, Brokerage