236 Wallace Ave S, Welland, L3B 1R6

Home Overview

Description

An affordable investment in a great location. This DUPLEX property features two 2-bedroom, 1-bathroom units, approx. 700sqft each. The first unit includes the main floor and basement. There is a living room, big updated kitchen, 2 good size bedrooms and a 4-piece bathroom. The upper unit is similar layout, with a living room, kitchen, 2 bedrooms, and a 4-piece bathroom. Access for the upper unit is separate entrance through the back door. All kitchen appliances included. Basement is unfinished, laundry appliances tenants . Two SEPARATE hydro meters. Furnace updated. Huge backyard with deck, fire-pit, and garden shed. Fully fenced. Great location - close to schools, public transit, highway access, shopping plazas, gyms, parks, place of worship and more. Very attractive features for renters and families. Start earning income right away on this investment property. Tenants pay... $760 upper plus hydro... pays on time and has been there a long time. Main floor $1,200 plus hydro and always pays on time. Rents are below average but responsible tenants. Units look a little clustered but in great shape and well maintained. 2025 Seller utility expenses... Gas - $1,092.86 Water $1,360.17

59 days

On Market

Multiplex

Property Type

$2,396 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

51-99

Years Old