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$ 699,000
Est. payment /mo
Active
264 Hellems AVE Welland, ON L3B 3B7
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home, freehold, residential
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 768 - Welland Downtown
MLS Listing ID X12918792
Style Bungalow
Bedrooms 5
Annual Tax Amount $4,412
Tax Year 2025
Property Sub-Type Detached
Property Description
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.
Location
State ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Finished
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Separate Hydro Meter, Storage
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 14.0
Pool None
Roof Type Flat
Lot Frontage 42.0
Lot Depth 210.03
Total Parking Spaces 24
Building
Foundation Unknown
Others
ParcelsYN No
Listed by RE/MAX ESCARPMENT REALTY INC.
