5 Bedroom
4 Bathroom
2,000 - 2,500 ft2
Forced Air
$525,000
INCREDIBLE INVESTMENT OPPORTUNITY! This spacious 2.5 storey, 2169 sqft LEGAL TRIPLEX located in the heart of Welland is a rare find! Ideal as a residential rental with three unitslive in one and rent out the other twoor leverage the DMC zoning (full list of permitted uses in supplements) to create a commercial property, including options such as a Bed and Breakfast, Office, Store/Sales, Gym, Gallery, Pet Care, Restaurant, Retail, Hotel, Day Care, Community Centre, Church, Group/Retirement Home, Long Term Care, Multiple Units, and more! The property offers TWO DRIVEWAYS (one on each side) with space for up to 15 vehicles, leading to a TRIPLE CAR GARAGE. Built in 1920, this home retains its original charm with gorgeous hardwood flooring, 9 ft ceilings on the main floor, built-in cabinetry throughout, swinging mirrored doors, and a built-in kitchen table with seating and storage cubbies in the main units formal dining room. The triplex includes: a MAIN FLOOR BACHELOR UNIT, a MAIN FLOOR 2-BEDROOM UNIT featuring a large 4 pc bath, expansive foyer, formal dining room, separate kitchen, and covered front porch, plus an UPPER 2-BEDROOM UNIT with extra closet space, a covered sunporch off the living room, and a private third-floor bedroom. Two separate hydro meters serve the units. The basement is partially finished with a 4th bathroom and has been utilized as an additional bedroom with a large egress window. Electrical is updated with a 200 amp panel, separate 100 amp service, and copper wiring. This property is ready for your finishing touches and represents a phenomenal investment opportunity! NOTE: Property is being sold in an "as is, where is" condition. Seller is related to the listing agent. (id:50886)
Property Details
MLS® Number
|
X12438455 |
Property Type
|
Multi-family |
Community Name
|
768 - Welland Downtown |
Equipment Type
|
Water Heater |
Parking Space Total
|
15 |
Rental Equipment Type
|
Water Heater |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
5 |
Bedrooms Total
|
5 |
Amenities
|
Separate Electricity Meters |
Basement Development
|
Partially Finished |
Basement Type
|
Full (partially Finished) |
Exterior Finish
|
Brick, Stucco |
Flooring Type
|
Hardwood |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
3 |
Size Interior
|
2,000 - 2,500 Ft2 |
Type
|
Triplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Size Depth
|
126 Ft ,4 In |
Size Frontage
|
50 Ft |
Size Irregular
|
50 X 126.4 Ft |
Size Total Text
|
50 X 126.4 Ft |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Living Room |
3.23 m |
4.04 m |
3.23 m x 4.04 m |
Second Level |
Bedroom |
4.04 m |
3 m |
4.04 m x 3 m |
Second Level |
Kitchen |
4.39 m |
3.56 m |
4.39 m x 3.56 m |
Main Level |
Bedroom |
4.11 m |
2.82 m |
4.11 m x 2.82 m |
Main Level |
Living Room |
5.64 m |
3.71 m |
5.64 m x 3.71 m |
Main Level |
Dining Room |
4.14 m |
3.43 m |
4.14 m x 3.43 m |
Main Level |
Kitchen |
3.56 m |
3.02 m |
3.56 m x 3.02 m |
Main Level |
Primary Bedroom |
6.86 m |
3.89 m |
6.86 m x 3.89 m |
Main Level |
Bedroom |
2.54 m |
1.83 m |
2.54 m x 1.83 m |
Main Level |
Kitchen |
2.54 m |
1.83 m |
2.54 m x 1.83 m |
Other |
Bedroom |
4.39 m |
2.29 m |
4.39 m x 2.29 m |
https://www.realtor.ca/real-estate/28937764/290-division-street-welland-welland-downtown-768-welland-downtown