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204 Hellems Avenue Welland, Ontario L3B 3B7

11 Bedroom 3 Bathroom
Window Air Conditioner Forced Air

$495,000

ATTENTION INVESTORS, get a solid 5% cap rate plus fully occupied, immediate closing, immediate cash flow! Unbelievable rare opportunity to buy TWO homes for the price of one! TWO solid brick, 3 story homes with fenced back yards. One is 5 bedroom 2 washroom, the other is 6 bedroom 1 washroom. Plus, property back yards have right-of-way to side street. Rents: $1,350 & $1,200 = $30,600 gross income. Expenses = $2,113/Property taxes, $1020/insurance and $2,400/water. Fully rented with good tenants. Bid opening Tuesday, June 29th. (id:28271)

Property Details

MLS® Number 40054679
Property Type Multi-family
Amenities Near By Public Transit, Shopping
Community Features Quiet Area
Equipment Type Water Heater
Features Crushed Stone Driveway
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 3
Bedrooms Total 11
Appliances Water Meter
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Semi-detached
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Fence Type Fence
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 85 Ft
Size Frontage 38 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rm2x14

https://www.realtor.ca/real-estate/23359396/204-hellems-avenue-welland

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