$699,000

264 Hellems Ave, Welland, L3B 3B7

5 Beds
Baths

2

24 Parking

1,100-1,500 sqft

Home Overview

Description: 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.
31 days
On Market
Detached
Property Type
$4,412 / Year
Est. Taxes
Bungalow
Style
Detached
Garage
Finished
Basement

Location & Areas

Commute

264 Hellems Ave, Welland, L3B 3B7

Home Details

Lot Depth:: 210 Feet
Lot Width:: 42 Feet
Style:: Bungalow
Exterior Construction:: Vinyl Siding
Roof Material:: Flat
Patio/Deck:: -
Driveway:: Available, 10
Swimming Pool:: None

Instant Estimate

$682,191

-$16,809 below list price

Upper range
$770,444
Mid range
$682,191
Lower range
$593,939

Schools nearby

Listing Brokerage

MLS® Listing: X12918792
Brokerage: RE/MAX ESCARPMENT REALTY INC.

RE/MAX ESCARPMENT REALTY INC. - Disclaimer: The information contained in this listing has not been verified by RE/MAX ESCARPMENT REALTY INC. and should be verified by the buyer.

Data is deemed reliable but not guaranteed accurate by TRREB.