264 Hellems Avenue

Welland (Welland Downtown), Ontario L3B3B7

MLS # X12918792

$699,000

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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About this property

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 948,900.

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Property taxes: about $368/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Kitchen	Main level	4.26 x 3.35
Bedroom	Main level	3.35 x 3.35
Bedroom 2	Main level	3.35 x 3.35
Bedroom 3	Main level	3.35 x 3.35
Bedroom 4	Main level	3.35 x 3.35
Bedroom 5	Main level	3.35 x 3.35
Kitchen	Basement	6.7 x 4.26
Living room	Basement	6.7 x 4.26
Bedroom	Basement	3.35 x 3.35
Bedroom	Basement	3.35 x 3.35