Welland - 768 - Welland Downtown
Welland - 768 - Welland Downtown
Sold For$425,000
Sold Jun 2020
Fully Rented DUPLEX in Downtown Welland grossing $34,800 in annual rent with the only expenses being the hot water heater rentals ($517 annually), property tax ($2145 annually), building insurance, as well as general maintenance and upkeep. This duplex setup consists of the original brick two storey structure with the second unit bungalow addition in the rear of the property along with the oversized detached single car garage. The front unit earning $1700/month+utilities (separate gas/hydro meters) has 3 bedrooms on the second floor with a full bathroom, the main floor has a spacious living room, dining room, kitchen, family room/den, and half bathroom, as well as a partially finished basement with separate side entrance and commercial exhaust fan & stove setup. The rear unit earning $1200
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