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22/28 Steel Street Welland, Ontario L3B 3L9

4 Bedroom 4 Bathroom 1200
None Forced Air

$899,000

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:26105)

Property Details

MLS® Number 40133457
Property Type Multi-family
Amenities Near By Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools
Community Features Industrial Park, School Bus
Equipment Type None
Features Park/reserve, Conservation/green Belt, Golf Course/parkland, Industrial Mall/subdivision, Sump Pump
Rental Equipment Type None

Building

Bathroom Total 4
Bedrooms Total 4
Appliances Water Meter
Basement Development Finished
Basement Type Full (finished)
Cooling Type None
Exterior Finish Concrete, Vinyl Siding
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Forced Air
Stories Total 1
Size Interior 1200
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 109 Ft
Size Frontage 46 Ft
Size Total Text Under 1/2 Acre
Zoning Description Dmc - Multiplex

https://www.realtor.ca/real-estate/23369332/2228-steel-street-welland

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