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Additional details
$ 499,900
Est. payment /mo
Active
26 ALBINA ST Welland, ON L3C 1P3
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 772 - Broadway
MLS Listing ID X13055268
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,700
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Three Self-Contained Units Offering Strong Income Potential With An Added Opportunity To Acquire A Rare Severed Side Lot For Additional Future Development If Desired. This Property Is Ideal For Investors Looking To Expand Their Portfolio Or Buyers Seeking A House Hack Opportunity While Benefiting From Long-Term Upside. Unit 1 Is Located On The Front Ground Floor And Was Fully Renovated In 2020 With A Modern Kitchen, Updated Bathroom, And New Flooring, Currently Rented At $1,100/Month + 33% Utilities. Unit 2 Located On The Second Floor Was Refreshed In 2021 With Updated Flooring And Vanity And Is Currently Vacant, Providing An Excellent Opportunity To Set Market Rent Or Move In. Unit 3 The Rear Ground Floor Unit Provides Stable All-Inclusive Income At $1,100/Month. Tenants Are Excellent And On Month-To-Month Leases, Offering Flexibility To Optimize Rents Over Time. Key Updates Include Shingles (2016), Windows, Electrical Wiring, And Portions Of The Plumbing. As An Added Bonus, A Separately Severed Side Lot Is Available With Concept Plans Showing Potential For A Triplex Or Sixplex Development , Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 39.97
Lot Depth 99.41
Total Parking Spaces 2
Building
Building Age 51-99
Foundation Concrete Block
New Construction false
Others
Security Features Carbon Monoxide Detectors,Smoke Detector
ParcelsYN No
Listed by ROCK STAR REAL ESTATE INC.