$599,000
FOR SALE

Investment

Lot: 37.3 x 114 ftTotal Area: 1,016 ft2
2024 Taxes: $3,572

20 Patricia Ave
Welland, ON L3C 1E8 | Niagara

This legal duplex is a 4-level backsplit located on a quiet dead-end street, and is surrounded by an array of amenities. The upper unit has an open-concept main floor layout with 3 bedrooms and a bathroom located on the upper level. The lower unit has an abundance of natural light and is a 2 bedroom apartment complete with stainless steel, and a stackable washer and dryer. The furnace and AC are only 2 years, and the lower unit is rented at market rent plus hydro. Take advantage of this great opportunity to own multigenerational home or investment property in one of the most desirable areas of Welland.
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Listed By COLDWELL BANKER ADVANTAGE REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9357293
Last Updated Sep 19, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 640860299
Occupancy Tenant
Possession Date Imm W/Tenant
Taxes (2024) $3,572
Tax Type Annual
Assessment (2024) $198,000
Directions/Cross Streets Off Thorold Road between Niagara St. and Aqueduct
Area Niagara
Price History

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Detailed Information
Freestanding Y
Lot 37.3 x 114 ft
Total Area 1,016 ft2
Air Conditioning Y
Basement Y
Garage Type None
Heat Type Gas Forced Air Open
Financial Statement N
Gross Income/Sales $45,300
Net Income Before Debt $35,128
Heat Expenses $2,400
Insurance Expense $2,400
Operating Expenses $10,172
Taxes Expense $3,572
Year Expenses $2,024
Expenses Actual/Estimated Est
Sprinklers N
Utilities A
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning RL1
Seller Property Info Statement N

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