This exceptional turn-key investment is generating income the moment you close. Featuring a meticulously updated legal duplex plus an additional accessory unit - all fully renovated with permits since 2021 - this property is the definition of hands-off ownership. Modern electrical, plumbing, and HVAC systems mean low maintenance and long-term peace of mind. All three units are occupied by A+ tenants, with utilities paid by tenants, maximizing your net return from day one. Situated on a spacious lot with ample parking for each unit, the property is both practical and highly desirable to renters. Professional property management is already in place and available to be retained, ensuring a seamless transition with no gaps in cash flow. Rare, renovated, and revenue-ready - don't miss this one!
| MLS # | 40850268 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 33 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Kayla Smith |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,315 |
| Basement | Y |
| Story(s) | 1 |
| Units | 3 |
| Zoning | RL1 |
| Acreage | 0.14 |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Accessory Apartment, Separate Hydro Meters, Other |
| Cooling | Central Air, Wall Unit(s) |
| Cooling Yes / No | No |
| Heating | Electric, Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
| Lot Features | Rectangular, City Lot, Highway Access, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Regional Mall, Schools |
|---|---|
| Construction Materials | Brick, Vinyl Siding |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Block |
| Parking Features | Asphalt |
|---|---|
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 3974.27 |
|---|
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3B 5V1 |
| Area | Welland |
| Subarea | 773 Lincoln | Crowland |
| Community Name | 773 Lincoln/Crowland |
| Listing VS Median (in 773 Lincoln/Crowland) | |
Price: $780,000 low | high Med: $399,900 sqft: 1,315 low | high Med: 858 $ / sqft: $593 low | high Med: $466 On site: 33 low | high Med: 12 | |
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3B 5V1 |
| Area | Welland |
| Subarea | 773 Lincoln | Crowland |
| Community Name | 773 Lincoln/Crowland |
| Listing VS Median (in 773 Lincoln/Crowland) | |
Price: $780,000 low | high Med: $399,900 sqft: 1,315 low | high Med: 858 $ / sqft: $593 low | high Med: $466 On site: 33 low | high Med: 12 | |