$899,000 22/28 STEEL Street, Welland ON, L3B3L9

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MLS ID: 40133457 4 Bedrooms 4 Bathrooms Return to Featured Listings

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    BRAND NEW FRESHLY BUILT *LEGAL* – 4 UNIT RAISED BUNGALOW IN WELLAND SOUTH. EACH 1 BEDROOM UNIT HAS ITS OWN SEPARATE ENTRANCE, UTILITIES, UTILITY CONTROLS, AND LAUNDRY! ALL TENANTS CONTROL AND PAY THEIR OWN UTILITY BILLS, A LANDLORDS DREAM! EACH UNIT IS TOTALLY SELF CONTAINED WITH A SEPARATE UTILITY ROOM FROM ALL OTHER UNITS AT FRONT OF BUILDING TO HOUSE AND ACCESS ALL METERS, PANELS, ELECTRIC HOT WATER TANKS & SUMP PUMP. NO NOTICE NEEDED TO BE GIVEN TO TENANTS TO ACESS UTILTY ROOM AT ANYTIME. LOWER UNTIS HAVE WALKOUTS FOR ENTRANCE/EXIT WITH LARGE ABOVE GRADE WINDOWS, & 9′ CEILINGS. LUXURY VINYL FLOORING THROUGHOUT, NEW KITCHENS, BATHROOM VANITIES, AND SHOWER/TUB ONE PC INSERTS IN ALL UNTIS. VERY LOW MAINTENANCE COSTS FOR MANY YEARS TO COME! PROPERTY TAX REBATE INCENTIVE IN PLACE, PROPERTY CAN ALSO BE SEVERED IN TO TWO SEPARATE 2 UNITS FOR EASIER FINANCING OPTIONS, OR POSSIBLE JOINT VENTURE! POTENTIAL TOTAL GROSS RENTAL INCOME OF 64,800.00/YR! (id:15178)

    Listing courtesy of REVEL Realty Inc., Brokerage

    General Information
    MLS® ID 40133457
    Property Sub-Type Fourplex
    Ownership Freehold
    Bedrooms 4
    Full Bathrooms 4
    Basement Full (Finished) (Finished)
    Exterior Finish Concrete, Vinyl siding
    Heating Electric
    Sewer Municipal sewage system

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