92 Empire St
Welland, L3B 2L4
FOR SALE
$485,000
Terminated
$0
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4
BEDROOMS2
BATHROOMS2
KITCHENS10
ROOMSX9005198
MLSIDContact Us
Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-07-02 | 2024-08-27 | 56 | $485,000 | - | Terminated |
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Property Description
Welcome to this charming duplex located at 92 Empire St. in the heart of Welland, Ontario. This property presents a fantastic investment opportunity with significant rental potential. The top unit features a cozy 1 bedroom, 1 bathroom layout and is currently rented for $1275 per month, providing immediate income. The lower unit, previously rented for $1875 per month, is a spacious and unique two-story unit with 3 bedrooms and 1 bathroom. This unit is currently vacant and ready for new tenants, offering the potential for increased rental income.The detached garage offers additional potential rental income for storage.This property is close to a range of amenities that enhance its appeal to prospective tenants. Nearby schools, parks, and the Welland Canal provide great recreational opportunities. The property is also conveniently located near shopping centers, local restaurants, and public transit, making it an attractive choice for renters. Don't miss out on this excellent opportunity to own a duplex with strong income potential in a great location!
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Lot Size
34' x 114'
Fronting
East
Taxes
$2,258 (2023)
Basement
Full, Unfinished
Exterior
Metal/Side, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
Detached
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Similar Listings
INVESTORS WELCOME. A fully tenanted duplex, with consistent rental income. Rental income is approximately $3,220/month, with a yearly total of $38,640. Both upper and lower unit have been updated and meticulously maintained. Floors, trim, walls, cabinets, countertops and bathroom fixtures are all in great shape. AC, heating, electrical and plumbing all updated and in great working order. Turnkey opportunity for consistent and predictable cash flow. Book your showing, it won't last long!
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