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26 Albina Street Welland, Ontario L3C 1P3

3 Bedroom 3 Bathroom 1586 sqft
2 Level None Forced Air

$499,900

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 (Buyer To Complete Due Diligence), Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth. (id:61445)

Property Details

MLS® Number 40824707
Property Type Single Family
ParkingSpaceTotal 2

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsTotal 3
ArchitecturalStyle 2 Level
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Stucco
FireProtection Smoke Detectors
FoundationType Block
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1586 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 99 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rl2

Rooms

Level Type Dimensions
Second Level 4pc Bathroom 7'5'' x 6'0''
Second Level Bedroom 9'2'' x 9'1''
Second Level Living Room 13'9'' x 15'8''
Second Level Kitchen 9'8'' x 9'0''
Main Level 4pc Bathroom 4'11'' x 6'4''
Main Level Kitchen 6'11'' x 7'2''
Main Level Living Room 14'0'' x 11'6''
Main Level Bedroom 12'3'' x 10'0''
Main Level 4pc Bathroom 6'3'' x 6'6''
Main Level Bedroom 8'5'' x 11'0''
Main Level Living Room 7'10'' x 9'8''
Main Level Kitchen 10'0'' x 7'9''

https://www.realtor.ca/real-estate/29669063/26-albina-street-welland

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Long Li
Salesperson


Rock Star Real Estate Inc.
418 Iroquois Shore Rd #103a
Oakville, Ontario L6H 0X7

Micheal William Desormeaux
Salesperson


Rock Star Real Estate Inc.
418 Iroquois Shore Rd #103a
Oakville, Ontario L6H 0X7

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