264 Hellems Avenue, Welland
264 Hellems Avenue in Welland - 7 bedroom, 2 bathroom. Listed at $649,000.
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 848,000.
Property Details
- Property Type: Mortgage
- Style: Bungalow
- Square Footage: 1300 sqft
- Basement: Finished
- Heating: Gas
- Cooling: Central Air
- Parking: 24 spaces
- Property Taxes: $4,412/yr
- Neighbourhood: 768 - Welland Downtown
- Postal Code: L3B 3B7
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