45
See all 45 photos
$750,000
Est. payment /mo
7 Beds
2 Baths
Active
264 Hellems AVE Welland, ON L3B 3B7
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 768 - Welland Downtown
MLS Listing ID X12189521
Style Bungalow
Bedrooms 7
Annual Tax Amount $4,411
Tax Year 2024
Property Sub-Type Detached
Property Description
Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 1,050,000.
Location
Province ON
County Niagara
Community 768 - Welland Downtown
Area Niagara
Rooms
Basement Finished
Kitchen 2
Interior
Interior Features Separate Hydro Meter, Storage
Cooling Central Air
Inclusions All furniture (5 beds, 5 fridges, 5 nightstands, 5 desks), 2 kitchen fridges, 2 stoves, washer/dryer, 1 dishwasher.
Exterior
Parking Features Detached
Garage Spaces 14.0
Pool None
Roof Type Flat
Total Parking Spaces 24
Building
Foundation Unknown
Lited by RE/MAX ESCARPMENT REALTY INC.