3 Bedroom
3 Bathroom
1,500 - 2,000 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 (Buyer To Complete Due Diligence), Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth. (id:50787)
Property Details
|
MLS® Number
|
X13055268 |
|
Property Type
|
Multi-family |
|
Community Name
|
772 - Broadway |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Age
|
51 To 99 Years |
|
Appliances
|
Water Heater, Hood Fan, Stove, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Stucco |
|
Fire Protection
|
Smoke Detectors |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,500 - 2,000 Sqft |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
99 Ft ,4 In |
|
Size Frontage
|
40 Ft |
|
Size Irregular
|
40 X 99.4 Ft |
|
Size Total Text
|
40 X 99.4 Ft |
|
Zoning Description
|
Rl2 |
Rooms
| 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