221 Hellems Ave, Welland, L3B 3B6

Home Overview

Description

INVESTOR OPPORTUNITY! Non-Conforming Multi-Unit, Priced to Sell. Fantastic opportunity in the heart of Welland. Currently configured as a non-conforming multi-unit property with three self-contained living areas, this home offers strong income potential and is completely vacant, allowing buyers to set market rents or customize occupancy.The layout includes two spacious 3-bedroom units plus a studio basement unit with a separate entrance, offering excellent flexibility for investors or multi-generational living. Based on market rents, the property presents potential rental income of approximately $5,000 per month, making it an attractive option for buyers seeking the possibility of positive cash flow. Recent updates include new basement flooring and a newly installed washer and dryer in a common area. Additional features include ample storage with a large backyard shed.A rare opportunity to acquire a fully vacant, income-generating configuration at an aggressive price point. Schedule your showing to explore the potential!

1 month

On Market

Duplex

Property Type

$3,042 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

-

Year Built