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26 Albina Street Welland, Ontario L3C 1P3

3 Bedroom 3 Bathroom 1500 - 2000 sqft
Central Air Conditioning Forced Air

$499,900

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)

Property Details

MLS® Number X13055268
Property Type Multi-family
Community Name 772 - Broadway
ParkingSpaceTotal 2

Building

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

Parking

Detached Garage
Garage

Land

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

Rooms

Level Type Dimensions
Second Level Bedroom 2.79 m x 2.77 m
Second Level Bathroom 2.26 m x 1.83 m
Second Level Kitchen 2.95 m x 2.74 m
Second Level Living Room 4.19 m x 4.78 m
Main Level Living Room 3.05 m x 2.36 m
Main Level Living Room 2.39 m x 2.95 m
Main Level Bedroom 2.57 m x 3.35 m
Main Level Bathroom 1.91 m x 1.98 m
Main Level Bedroom 3.73 m x 3.05 m
Main Level Living Room 4.27 m x 3.51 m
Main Level Kitchen 2.11 m x 2.18 m
Main Level Bathroom 1.5 m x 1.93 m

https://www.realtor.ca/real-estate/29669363/26-albina-street-welland-broadway-772-broadway

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Long Li
Salesperson


Rock Star Real Estate Inc.
418 Iroquois Shore Rd #103a
Oakville, Ontario L6H 0X7

Micheal William Desormeaux
Salesperson


Rock Star Real Estate Inc.
418 Iroquois Shore Rd #103a
Oakville, Ontario L6H 0X7

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