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. (id:47421)
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Detailed Information
Bedrooms
5+2
Bathrooms
2
Lot
42 x 210 ft
Listing Contract Date
2026-03-25
Location Description
Lincoln St/Hellems Ave
Ownership Type
Freehold
# of Parking Spaces
24
Property Type
Single Family
Transaction Type
For sale
Building
Amenities
Separate Electricity Meters
Appliances
Dishwasher, Dryer, Furniture, Two stoves, Washer, Refrigerator
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
N/A (Finished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Vinyl siding
Foundation Type
Unknown
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Kitchen
Basement
6.7 m x 4.26 m
Living room
Basement
6.7 m x 4.26 m
Bedroom
Basement
3.35 m x 3.35 m
Bedroom
Basement
3.35 m x 3.35 m
Kitchen
Main level
4.26 m x 3.35 m
Bedroom
Main level
3.35 m x 3.35 m
Bedroom 2
Main level
3.35 m x 3.35 m
Bedroom 3
Main level
3.35 m x 3.35 m
Bedroom 4
Main level
3.35 m x 3.35 m
Bedroom 5
Main level
3.35 m x 3.35 m
Parking Spaces
Name
Spaces
Detached Garage
Garage
Land
Total Size
42 x 210 FT
Sewer
Sanitary sewer
Size of Irregular Land
42 x 210 FT
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