768 - Welland Downtown Real Estate for Sale
4 Listings
Welcome To An Exceptional Investment Opportunity In The Heart Of Welland! This Solid Fourplex With An Additional Dwelling Unit ADU Offers Incredible Value For Investors Seeking Strong Cash Flow And Long Term Upside. Featuring Four Self Contained Units Plus A Separate Garden Suite Converted From The Detached Garage, This Property Provides Added Rental Income. Each Unit Is Equipped With Its Own Hydro Meter Along With A House Meter, Offering Convenience And Efficient Utility Management. Zoned Residential Medium Density (RM), This Property Allows For Flexibility And Future Potential In A Growing Market. Ideally Situated On Kennedy Street In A Mature And Central Neighbourhood, Tenants Will Enjoy Easy Access To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Just Minutes From Downtown Welland, The Welland Canal, Niagara College, And With Quick Access To Hwy 406, This Location Offers Seamless Connectivity To Niagara Falls, St Catharines, And Surrounding Areas. With Strong Rental Demand, A Desirable Unit Mix, And An Additional Dwelling Unit ADU , This Property Represents A Rare Opportunity To Secure A High Performing Asset In One Of Niagara's Emerging Investment Markets. A Smart And Strategic Addition To Any Real Estate Portfolio.
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The perfect family home with lots of space for the entire family, at a great price! This 2.5 storey home is the perfect blend of original charm and character with some modern and functional updates. Huge private driveway - space for 4 cars. Leading to a detached single car garage with power for a workshop. Through the gate you'll find a massive rear yard, fully fenced, with a patio, deck, above ground pool (removable), and the ultimate treehouse! Situated on a super deep lot (37'x211'), there plenty of room for the kids or pets play! Inside this home you'll find a function open concept layout with seamless transition between the kitchen, dining room, and living room. Good size kitchen complete with plenty of storage and countertop space, with a bonus island with butcher block top. All appliances included. On the second floor, 3 generous sized bedrooms and a gorgeous true 4-piece bathroom - walk in shower and separate deep soaker tub. Bonus loft on the 3rd level, finished space - great for extra storage, bedroom, studio, or play room! Basement is mostly finished with a carpeted recreation room, laundry room, and 2-piece bathroom (toilet & shower rough-in). Separate side door entrance to the basement provides great opportunity for in-law suite or duplex conversion. Lots of great value packed into this property. Good location close to plenty of local amenities, parks, and schools. Great option for first time home buyers & young families!
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PHASE ONE ENVIRONMENTAL FULL REPORT AVAILABLE. (SUMMARY IN ATTACHMENTS) NO FURTHER INVESTIGATION REQUIRED SO GOOD TO GO FOR FINANCING!!! Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Now with a potential 7.02% cap rate if tenant leases the autoshop or woodshop for only $1500.00 a month, office and basement. Could also use rental income from residential units to have a free autoshop and make a very lucrative business. Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and was waterproofed from the inside fully by Wisecracks 2010, and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present.
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Discover timeless charm at 128 River Rd! This stately 2.5-storey home (c.1929) rests on an extraordinary Half-acre L-shaped lot, with a natural forest backdrop. Step inside to find approx. 2800 sq ft of authentic character and quality craftsmanship throughout. While the two bathrooms have been tastefully updated, the rest of the house retains its classic, vintage appeal. The main floor boasts a large formal Living room with fireplace (gas insert), a formal Dining room, a Family/Sunroom, a full 3-pc bathroom and a cozy Kitchen with access to the tranquil backyard. The 2nd-flr features four impressively large bedrooms, providing exceptional living space for a growing family. The untapped potential of the attic is a standout feature, with three large open spaces ready to be transformed into additional bedrooms, a private studio, or a versatile recreation area. A walkout lower level opens to a private woodland which slopes gently to a secluded forested arm - an enchanting retreat for trails, gardens or studio space. The entire back is a naturalist's paradise, covered with lush foliage, towering trees, and diverse flora, creating a secluded and harmonious retreat. The Welland Recreational Waterway and its many amenities are just a short stroll away. The peaceful river setting offers a lifestyle of outdoor recreation, including walking trails, boating, and fishing. The zoning permits a variety of residential uses, from a single-family home to townhomes. A rare opportunity to restore and modernize while preserving its heritage character, all just steps from the Welland Canal, Merrit Island, parks and amenities. New hi-efficiency boiler, 100-amp breaker panel, plus 40 amp subpanel in garage, updated plumbing and electrical. RSA.
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