264 Hellems AVE Active

Welland,ON L3B 3B7

$ 750000

7 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 768 - Welland Downtown

MLS Listing ID X12189521

Style Bungalow

Bedrooms 7

Annual Tax Amount $4,411

Tax Year 2024

Property Sub-Type Detached

Property Description

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 1,050,000.

Location

Province ON

County Niagara

Community 768 - Welland Downtown

Area Niagara

Rooms

Basement Finished

Kitchen 2

Interior

Interior Features Separate Hydro Meter,Storage

Cooling Central Air

Inclusions All furniture (5 beds, 5 fridges, 5 nightstands, 5 desks), 2 kitchen fridges, 2 stoves, washer/dryer, 1 dishwasher.

Exterior

Parking Features Detached

Garage Spaces 14.0

Pool None

Roof Type Flat

Total Parking Spaces 24

Building

Foundation Unknown

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