Realestate

Property Details

1 of 29
$389,900
305 Burgar Street, Welland, ON L3B 2T5
4
2
MLS®X13738778
Property Type
Residential Freehold
Sub Type
Duplex
Heating
Water
Cooling
Window Unit(s)
Lot Size
107.8 x 25.5 Feet
Approx Age
100+
Detached, two-storey, solid brick, up/down duplex, in the heart of Welland! This property offers a versatile opportunity for investors, extended families, or buyers looking to offset their mortgage. Main floor is tenanted, upper unit will be vacant on closing - move in yourself, or rent it out at current market rent! Projected cap rate - 6%.The main-floor unit features 2-bedrooms, 1-bathroom, large eat-in kitchen, living room, and private laundry facilities in the basement. The upper unit offers 2-bedrooms, 1-bathroom, and kitchen complete with in-unit laundry. The unfinished, waterproofed basement is perfect for additional storage. Functional covered front porch, double-wide concrete driveway, and garden shed in the backyard. New combi-boiler (2022) - boiler system to all radiators through the house (clean heat), and serves as tankless hot water for each tap (energy efficient). Newer breaker panel - 200AMP service. Sump pump. Conveniently located close to shopping, grocery stores, schools, school-bus routes, public transit, and other everyday amenities - making this an attractive property for buyers and tenants alike.
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