264 Hellems Avenue, Welland (welland Downtown), Ontario

$699,000

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7

Beds

2

Baths

About 264 Hellems Avenue

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. (id:36535)

Features of 264 Hellems Avenue

Listing # X12918792
Price $699,000
Bedrooms 7
Bathrooms 2.00
Acres 0.00
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 264 Hellems Avenue
Subdivision 768 - Welland Downtown
City Welland (welland Downtown)
Province Ontario
Postal Code L3B3B7

Amenities

Amenities Separate Electricity Meters
Parking Spaces 24
Parking Detached Garage, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Furniture, Two stoves, Washer, Refrigerator
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes
Basement Type N/A (Finished)
Basement Development Finished

Exterior

Exterior Vinyl siding
Lot Description 42 x 210 FT
Foundation Unknown

Listing Details

OfficeCourtesy Of RE/MAX ESCARPMENT REALTY INC.

Listing Map