51 PLYMOUTH Road, Welland, Ontario L3B3C5

Listing courtesy of RE/MAX Niagara Realty Ltd..

$399,000
4
BD
3
BA
1,520
SqFt

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List Price
$399,000
MLS®
40844280
Days on Market
26
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
4
Bathrooms
3
Living Area
1,520
Subdivision
773 - Lincoln/Crowland

Property Description

Welcome to 51 Plymouth Road in the heart of Welland, an excellent investment opportunity with strong income potential and multiple value-add features. This versatile property offers two self-contained two-bedroom units with separate hydro meters, making it ideal for investors seeking a turnkey duplex, house-hackers looking to offset living expenses, or buyers wanting a flexible multi-unit setup. Both units feature bright, functional layouts with ample parking, generous storage, and a spacious yard that adds tenant appeal. Recent updates help minimize immediate capital expenses and include leveling and insulating the front room with new doors, flooring, and roofing, fresh paint throughout, new shingles on the lower roof (main roof approximately 10 years old), hydro added to the backyard shed and refrigerated storage unit, a new fridge and dishwasher in the upper unit, and a newer stove in the lower unit. The refrigerated storage unit also includes custom-built shelving, providing added utility and storage options. Located close to schools, parks, shopping, public transit, and major commuter routes, this property is positioned in a desirable rental market within the growing community of Welland. Whether you're expanding your portfolio or entering the investment market, offers flexibility, rental income potential, and long-term upside in an increasingly sought-after area. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
773 - Lincoln/Crowland
Parking Spaces
3
Construction Materials
Wood frame
Cooling
None
Country
Canada
Sewer
Municipal sewage system
Heating
Natural gas
Lot Features
Crushed stone driveway
Total Number Of Units
2
Stories
2

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Calculator source: Real Geeks