51 PLYMOUTH Road, Welland, Ontario L3B 3C5
$349,000.00
- 4 bedrooms
- 3 bathrooms
- 1,520 Square Feet
Welcome to 51 Plymouth Road in the heart of Welland, an excellent investment opportunity with strong income potential and multiple value-add features. This versatile property offers two self-contained two-bedroom units with separate hydro meters, making it ideal for investors seeking a turnkey duplex, house-hackers looking to offset living expenses, or buyers wanting a flexible multi-unit setup. Both units feature bright, functional layouts with ample parking, generous storage, and a spacious yard that adds tenant appeal. Recent updates help minimize immediate capital expenses and include leveling and insulating the front room with new doors, ... read more
Welcome to 51 Plymouth Road in the heart of Welland, an excellent investment opportunity with strong income potential and multiple value-add features. This versatile property offers two self-contained two-bedroom units with separate hydro meters, making it ideal for investors seeking a turnkey duplex, house-hackers looking to offset living expenses, or buyers wanting a flexible multi-unit setup. Both units feature bright, functional layouts with ample parking, generous storage, and a spacious yard that adds tenant appeal. Recent updates help minimize immediate capital expenses and include leveling and insulating the front room with new doors, flooring, and roofing, fresh paint throughout, new shingles on the lower roof (main roof approximately 10 years old), hydro added to the backyard shed and refrigerated storage unit, a new fridge and dishwasher in the upper unit, and a newer stove in the lower unit. The refrigerated storage unit also includes custom-built shelving, providing added utility and storage options. Located close to schools, parks, shopping, public transit, and major commuter routes, this property is positioned in a desirable rental market within the growing community of Welland. Whether you're expanding your portfolio or entering the investment market, offers flexibility, rental income potential, and long-term upside in an increasingly sought-after area. (id:25417)
Price reduced $50,000 (12.53%) from the list price.
- Listing ID: 40844280
- Property Type: Multi-family
- Year Built: 1907
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | None 3 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Duplex |
| HVAC: | Fireplace Natural Gas |
| Exterior: | Wood Wood Frame (Construction Material) |
| Basement: | Full (Partially Finished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | Welland |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Park, Public Transit and Schools |
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