Three Self-Contained Units Offering Strong Income Potential With An Added Opportunity To Acquire A Rare Severed Side Lot For Additional Future Development If Desired. This Property Is Ideal For Investors Looking To Expand Their Portfolio Or Buyers Seeking A House Hack Opportunity While Benefiting From Long-Term Upside. Unit 1 Is Located On The Front Ground Floor And Was Fully Renovated In 2020 With A Modern Kitchen, Updated Bathroom, And New Flooring, Currently Rented At $1,100/Month + 33% Utilities. Unit 2 Located On The Second Floor Was Refreshed In 2021 With Updated Flooring And Vanity And Is Currently Vacant, Providing An Excellent Opportunity To Set Market Rent Or Move In. Unit 3 The Rear Ground Floor Unit Provides Stable All-Inclusive Income At $1,100/Month. Tenants Are Excellent And On Month-To-Month Leases, Offering Flexibility To Optimize Rents Over Time. Key Updates Include Shingles (2016), Windows, Electrical Wiring, And Portions Of The Plumbing. As An Added Bonus, A Separately Severed Side Lot Is Available With Concept Plans Showing Potential For A Triplex Or Sixplex Development , Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth. (id:61852)
| MLS® Number | X13055268 |
| Property Type | Multi-family |
| Community Name | 772 - Broadway |
| ParkingSpaceTotal | 2 |
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Hood Fan, Stove, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Stucco |
| FireProtection | Smoke Detectors |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 99 Ft ,4 In |
| SizeFrontage | 40 Ft |
| SizeIrregular | 40 X 99.4 Ft |
| SizeTotalText | 40 X 99.4 Ft |
| ZoningDescription | Rl2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 2.79 m | 2.77 m | 2.79 m x 2.77 m |
| Second Level | Bathroom | 2.26 m | 1.83 m | 2.26 m x 1.83 m |
| Second Level | Kitchen | 2.95 m | 2.74 m | 2.95 m x 2.74 m |
| Second Level | Living Room | 4.19 m | 4.78 m | 4.19 m x 4.78 m |
| Main Level | Living Room | 3.05 m | 2.36 m | 3.05 m x 2.36 m |
| Main Level | Living Room | 2.39 m | 2.95 m | 2.39 m x 2.95 m |
| Main Level | Bedroom | 2.57 m | 3.35 m | 2.57 m x 3.35 m |
| Main Level | Bathroom | 1.91 m | 1.98 m | 1.91 m x 1.98 m |
| Main Level | Bedroom | 3.73 m | 3.05 m | 3.73 m x 3.05 m |
| Main Level | Living Room | 4.27 m | 3.51 m | 4.27 m x 3.51 m |
| Main Level | Kitchen | 2.11 m | 2.18 m | 2.11 m x 2.18 m |
| Main Level | Bathroom | 1.5 m | 1.93 m | 1.5 m x 1.93 m |
https://www.realtor.ca/real-estate/29669363/26-albina-street-welland-broadway-772-broadway
Contact us for more information
Long Li
Salesperson
Micheal William Desormeaux
Salesperson