26 ALBINA St, Welland, ON L3C1P3
- Beds
- 3
- Baths
- 3
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Overview
Three Self-Contained Units Offering Strong Income Potential With An Added Opportunity To Acquire A Rare Severed Side Lot For Additional Future Development If Desired. This Property Is Ideal For Investors Looking To Expand Their Portfolio Or Buyers Seeking A House Hack Opportunity While Benefiting From Long-Term Upside. Unit 1 Is Located On The Front Ground Floor And Was Fully Renovated In 2020 With A Modern Kitchen, Updated Bathroom, And New Flooring, Currently Rented At $1,100/Month + 33% Utilities. Unit 2 Located On The Second Floor Was Refreshed In 2021 With Updated Flooring And Vanity And Is Currently Vacant, Providing An Excellent Opportunity To Set Market Rent Or Move In. Unit 3 The Rear Ground Floor Unit Provides Stable All-Inclusive Income At $1083.39/Month. Tenants Are Excellent And On Month-To-Month Leases, Offering Flexibility To Optimize Rents Over Time. Key Updates Include Shingles (2016), Windows, Electrical Wiring, And Portions Of The Plumbing. As An Added Bonus, A Separately Severed Side Lot Is Available With Concept Plans Showing Potential For A Triplex Or Sixplex Development, Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth. (id:58180)
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 2
- Number of bedrooms
- 3
- Number of bathrooms
- 3
Interior features
- Basement
- Yes
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Forced Air
- Cooling
- None
- Sewer
- Septic System
- Water
- Water
Taxes
- Tax Annual Amount
- $2,700
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: 40824707 Last checked: …
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