75 State Street, Welland, ON L3B 4K6

$599,900
4
BD
4
BA
1,500
SqFt

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List Price
$599,900
MLS#
X13777316
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
4
Bathrooms
4
Living Area
1500-2000
Province
ON
Municipality
Welland
Area
Niagara
Neighborhood
768 - Welland Downtown
Subdivision
Kent St And State St

Property Description

An excellent opportunity for investors or those looking for a versatile multi-unit property! This unique property features three separate units, consisting of a duplex with a basement unit and a main floor/upper story unit, plus a detached legal non-conforming garden suite, offering multiple income streams and plenty of flexibility. All three units are separately metered for hydro, making utility management simple and convenient. All units are vacant, giving buyers the opportunity to get market rents or live in the one unit and rent out the other 2 to help pay down the mortgage. The duplex has been refreshed with all-new flooring and paint throughout, along with a new upper and lower front deck. All new heat pumps throughout the main house provide efficient year-round heating and cooling. Additional improvements include a new patio door and two new exterior doors, giving the property a fresh, updated feel. The garden suite has also seen significant improvements, including all-new flooring, a new kitchen, most windows replaced, new front door a refreshed porch, and a new owned water heater. With three separate units, individual hydro metering, and numerous recent improvements completed, this property presents an attractive opportunity for investors looking to expand their rental portfolio or buyers seeking a property with multiple living spaces and income potential. Book your private showing today!

Additional Information

Taxes
$3,613
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other, Wall Unit(s), Window Unit(s)
Lot Depth
132
Kitchens
3
Exterior
Brick Veneer, Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
3

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Calculator source: Real Geeks

Listing courtesy of Royal LePage RCR Realty.