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31 Wright Street

Dain City, Welland, ON, L3B 2K2

4
Beds
2
Baths
1,099 - 1,499
Sq. Ft.
$355,000
List Price
Details
Photos
37
Comparables
History
31 Wright Street, Welland, ON - 1 of 3
31 Wright Street, Welland, ON - 2 of 3
31 Wright Street, Welland, ON - 3 of 3
New
21 days on market

Quick Summary

  • Legal duplex with two vacant 2-bedroom units
  • Potential annual income range of $26,000-$33,000
  • Separate tenant-responsible utilities and systems
  • Partially finished basement with laundry facilities
  • Brand new windows and high-efficiency furnaces
  • Potential to develop additional basement unit
  • Private single driveway with 4+ parking spaces
  • Detached single-car garage/workshop with new roof

ATTENTION INVESTORS AND FIRST TIME HOME BUYERS! Legal Duplex with two vacant 2 bedroom units. Income in range of 26000 to 33000 per year. If you're in search of a promising investment opportunity or live and rent, don't miss this one.This property features two separate 2-bedroom units with completely independent tenant responsible... Show More

ATTENTION INVESTORS AND FIRST TIME HOME BUYERS! Legal Duplex with two vacant 2 bedroom units. Income in range of 26000 to 33000 per year. If you're in search of a promising investment opportunity or live and rent, don't miss this one.This property features two separate 2-bedroom units with completely independent tenant responsible utilities (gas and hydro meters), separate furnaces and hot water heaters, each with its own laundry facilities, located in a divided partially finished basement, brand new windows, High efficiency furnaces (owned), and TONS OF POTENTIAL!. Either rent both or rent one and live in the other and have the tenants pay your mortgage. Fantastic cap rate on this property.Full basement, partially finished with front and back access and convenient 2 pc bath. Potential to develop another unit in the basement with rear entrance.Currently 100% compliant with TSSA and fire separation requirements.Private single drive with 4+ parking and a detached single car garage/workshop with new roof in 2021.The duplex is situated in a central east Welland location with close proximity to shopping, public transit, and easy highway access. 20 minutes to niagara falls or St Caths and 10 minutes to the thorold campus. Make sure to add this to your list of must-see investments. (id:54626)

Property Details

Size

1,099 - 1,499 sq. ft.
across 2 floors
4 Beds
4 Above Grade
2 Baths
2 Full

Parking

4 Parking Spaces
Detached Garage

Lot

Size
420′0″ * 1320′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Aluminum siding
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X11604724
Last Updated
November 30, 2024
Brokerage
A.G. ROBINS & COMPANY LTD, BROKERAGE
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Call us 800-591-0566

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