Welcome to this charming duplex located at 92 Empire St. in the heart of Welland, Ontario. This property presents a fantastic investment opportunity with significant rental potential. The top unit features a cozy 1 bedroom, 1 bathroom layout and is currently rented for $1275 per month, providing immediate income. The lower unit, previously rented for $1875 per month, is a spacious and unique two-story unit with 3 bedrooms and 1 bathroom. This unit is currently vacant and ready for new tenants, offering the potential for increased rental income.The detached garage offers additional potential rental income for storage.
This property is close to a range of amenities that enhance its appeal to prospective tenants. Nearby schools, parks, and the Welland Canal provide great recreational opportunities. The property is also conveniently located near shopping centers, local restaurants, and public transit, making it an attractive choice for renters. Don't miss out on this excellent opportunity to own a duplex with strong income potential in a great location!
Property Type:
Residential Income
Property SubType:
Duplex Up/Down
Listing General Location:
773 - Lincoln/Crowland, Welland
Bedrooms:
4
Bathrooms:
2.0
(Full:-/Half:-)
Lot Details:
114 x 33.8
Lot Depth:
114'34.747 m
Lot Frontage:
33'10"10.302 m
Frontage Type:
East
Kitchens:
0
County Or Parish:
Niagara
Taxes:
$2,258 /
-
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Construction:
Metal/Steel Siding, Stone
Basement:
Full, Unfinished, Sump Pump
Foundation:
Concrete Block
Roof:
Asphalt Shing
Year Roof Replaced:
2017
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
1,528 sq. ft.141.956 m2
Finished Area Above Grade:
1,528 sq. ft.141.956 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Natural Gas
Other,Refrigerator X 2, Stove X2, Dishwasher X2, Washing Machine, Dryer
Dishwasher, Dryer, Refrigerator, Stove, Washer
Tenant Belongings
false
No
Welland St/Empire St
No
HST Applicable To Sale Price:
Included
Association Fee 2 Frequency:
Monthly
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Zoning:
RL2
Lot Site Features:
Rectangular, Hospital, Park, Public Transit, Schools
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Listed by Keller Williams Signature Realty, Brokerage
Data was last updated July 5, 2024 at 05:50 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$624,900
Min list price:
$499,900
Max list price:
$3,750,000
Avg days on market:
24
Min days on market:
3
Max days on market:
234
Avg price per sq.ft.:
$332.81
These statistics are generated based on the current listing's property type
and located in
773 - Lincoln/Crowland. Average values are
derived using median calculations.