458 HARRIET Street 773 - Lincoln/Crowland, Welland, Ontario, CA

Address: 458 HARRIET Street, Welland, Ontario

7 Beds3 Baths2580 sqftStatus: Buy
Price $624,900

Property Overview


Welcome to the remarkable duplex at 458 Harriet Street. This property boasts an impressive cap rate of 8.19% and has seen extensive renovations over the past two years. One of the significant upgrades is the heating system, which has been transitioned to multiple Ductless Mini Split units. This innovative system allows for individualized heat and hydro control for each unit, with tenants covering their own hydro costs, encompassing both heating and electricity. The property features three units, each fully rented. The layout includes an upper-level two-bedroom unit, a main-floor two-bedroom unit that was updated in 2022, and a lower-level three-bedroom unit that was updated in 2022, all units have their own separate entrance. Adding to the property's appeal is an expansive double-car garage, which is currently rented out and features its own seperate hydro meter for future expansion. Described as a duplex, this property effectively functions as three self-contained units, offering a unique investment opportunity. Experience the blend of functionality and revenue at 458 Harriet Street. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2580.0000
Subdivision Name
773 - Lincoln/Crowland
Title
Freehold
Land Size
0.112 ac|under 1/2 acre
Built in
1949
Parking Type
Detached Garage
Building
Bathrooms
Total
7
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Construction Material
Concrete block, Concrete Walls
Square Footage
2580.0000
Heating & Cooling
Cooling
Ductless
Heating Type
Baseboard heaters, Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Concrete, Stucco
Neighbourhood Features
Community Features
Quiet Area
Amenities Nearby
Park, Place of Worship, Playground, Public Transit
Parking
Parking Type
Detached Garage
Total Parking Spaces
4
Land
Other Property Information
Zoning Description
R1
Features
           Detached Garage            Ductless
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Your Home Finance Calculation

Property Price CA $624,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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