Property Detail

264 Hellems Avenue, Welland, ON L3B 3B7 (Lincoln St/Hellems Ave)

Price : $699,000.00 , MLS®# : X12918780

    •
Judge Kirupairajah
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 948,900.

Location Description

Lincoln St/Hellems Ave

Property Details
  • Community: 768 - Welland Downtown
  • Property Type: Owner+Tenant/Commercial
  • Bath: 2
  • Annual Property Taxes : $ 4412
Building Features
Building Features
  • Sewer : Sanitary Available ,
  • Cooling :
Land (Lot Features)
  • Frontage: 42 sq.ft
  • Land Depth: 210.03sq.ft

Listing Contracted With: RE/MAX ESCARPMENT REALTY INC.