60 MARGERY Road 768 - Welland Downtown, Welland, Ontario, CA

Address: 60 MARGERY Road, Welland, Ontario

3 Beds2 Baths1600 sqftStatus: Buy
Price $329,000

Property Overview


Contact an agent for details on this promising duplex investment opportunity. The main floor, featuring a one-bedroom unit, was tastefully renovated a few years ago and, with a thorough clean and minor repairs, has the potential to rent for $1425+hydro. The upper unit, currently tenanted, is a spacious two-bedroom that rents for $1650+hydro - this unit will need some repair if this tenant ever leaves. Both units have separate hydro meters, and a coin laundry was recently installed in the side shed, adding to the property's income potential. Located in a desirable area of town, this duplex offers significant value and upside for the right investor. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1600 sqft
Subdivision Name
768 - Welland Downtown
Title
Freehold
Land Size
under 1/2 acre
Built in
1925
Building
Bathrooms
Total
3
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Laundry- Coin operated
Square Footage
1600 sqft
Heating & Cooling
Cooling
None
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Metal, Other
Parking
Total Parking Spaces
3
Land
Other Property Information
Zoning Description
RL2
Features
           Laundry- Coin operated            None
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Your Home Finance Calculation

Property Price CA $329,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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