26 Albina Street Welland, Ontario L3C 1P3

3 Bedroom 3 Bathroom 1,500 - 2,000 sqft
Central Air Conditioning Forced Air

$499,900

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. (id:15069)

Property Details

MLS® Number X13055268
Property Type Multi-family
Community Name 772 - Broadway
Parking Space Total 2

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Total 3
Age 51 To 99 Years
Appliances Water Heater, Hood Fan, Stove, Refrigerator
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Stucco
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Sqft
Type Other
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 99 Ft ,4 In
Size Frontage 40 Ft
Size Irregular 40 X 99.4 Ft
Size Total Text 40 X 99.4 Ft
Zoning Description Rl2

Rooms

Level Type Dimensions
Second Level Bedroom 2.79 m x 2.77 m
Second Level Bathroom 2.26 m x 1.83 m
Second Level Kitchen 2.95 m x 2.74 m
Second Level Living Room 4.19 m x 4.78 m
Main Level Living Room 3.05 m x 2.36 m
Main Level Living Room 2.39 m x 2.95 m
Main Level Bedroom 2.57 m x 3.35 m
Main Level Bathroom 1.91 m x 1.98 m
Main Level Bedroom 3.73 m x 3.05 m
Main Level Living Room 4.27 m x 3.51 m
Main Level Kitchen 2.11 m x 2.18 m
Main Level Bathroom 1.5 m x 1.93 m

https://www.realtor.ca/real-estate/29669363/26-albina-street-welland-broadway-772-broadway

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