$624,900
Welland
31-33 Grove Street, Welland (Welland Downtown), Ontario, L3B4B3
This multi-family property in Welland is for sale offering roughly 2,750 sq ft of space. It has been on the market 0 days, fresher than the Welland average of 87 days.
DOUBLE DOUBLE! Huge Side-By-Side 2.5 Storey Duplex in Welland with Double Wide Driveway, Double Car Garage, Double Balconies, Double Covered Porches, Double Backyards, and More! Two completely separate units with separate hydro, gas, heating & cooling. 33 Grove - 4 bedrooms, 1.5 bathrooms, updated white kitchen, back 2nd floor balcony, paved rear yard, unfinished basement with laundry. 31 Grove - 4 bedrooms, 1.5 bathrooms, oak kitchen, back 2nd floor balcony, fully fenced rear yard, unfinished basement with laundry. Detached double car garage, at the end of a huge double wide driveway that can fit up to 6 cars. Very solid house - poured concrete foundation, brick exterior. 100AMP breakers (2). This the PERFECT duplex set up. Everything is separate, double of everything, room for separate parking, units are fully separate and have amazing sqfootage. Bonus loft in both units allows for a 4th bedroom. Practical purchase for a "house hacker" - live in one unit, rent out the other, covering half of your monthly bills. Or for multi-family living - parents, in-laws, siblings, cousins - purchase together and share the bills. Or as an investor, this is an amazing turnkey duplex, with 2 huge units to get top rent and maximize cashflow right away. Not only is the property super functional, but it's location is beneficial as well. Located in the heart of Welland, close to all the new shops and restaurants Downtown. A short walk to the main bus terminal, schools, and more. Easily access the Hwy and all the local amenities, while enjoying a quiet and peaceful street. Don't miss out on this one-of-a-kind property and amazing investment opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 87 days across the listings currently for sale in this city
This 8-bed multi-family in Welland (Welland Downtown) has been listed for 0 days, which is 87 days fresher than the city average of 87. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $624,900, about 9.4× the local median household income of $66,500.
Carrying it typically needs a household income of about $122,065 (20% down, 25-yr amortization, stress-tested) — roughly 84% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3B)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.