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31 Wright Street Welland, Ontario L3B 2K2

4 Bedroom 2 Bathroom 1099.9909 - 1499.9875 sqft sq. ft
Forced Air

$355,000

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:38042)

Property Details

MLS® Number X11604724
Property Type Single Family
Community Name 773 - Lincoln/Crowland
AmenitiesNearBy Public Transit, Place Of Worship, Park, Schools
CommunityFeatures School Bus
Features Flat Site, Lighting
ParkingSpaceTotal 4
Structure Porch

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsTotal 4
Amenities Separate Electricity Meters
BasementFeatures Separate Entrance
BasementType N/a
ExteriorFinish Aluminum Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1099.9909 - 1499.9875 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Public Transit, Place Of Worship, Park, Schools
Sewer Sanitary Sewer
SizeDepth 110 Ft
SizeFrontage 35 Ft
SizeIrregular 35 X 110 Ft
SizeTotalText 35 X 110 Ft|under 1/2 Acre
ZoningDescription Rl2

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November 29 2024 10:53:13

Niagara Association of REALTORS®

A.g. Robins & Company Ltd, Brokerage