60 Margery Road Welland, Ontario L3B 2P6
$329,000
Contact an agent for details on this promising duplex investment opportunity. The main floor, featuring a one-bedroom unit, was tastefully renovated a few years ago and, with a thorough clean and minor repairs, has the potential to rent for $1425+hydro. The upper unit, currently tenanted, is a spacious two-bedroom that rents for $1650+hydro - this unit will need some repair if this tenant ever leaves. Both units have separate hydro meters, and a coin laundry was recently installed in the side shed, adding to the property's income potential. Located in a desirable area of town, this duplex offers significant value and upside for the right investor. (id:41954)
Property Details
| MLS® Number | 40606749 |
| Property Type | Multi-family |
| Features | Laundry- Coin Operated |
| Parking Space Total | 3 |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1925 |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Metal, Other |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1600 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 59 Ft |
| Size Frontage | 36 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rl2 |
https://www.realtor.ca/real-estate/27051678/60-margery-road-welland
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June 18 2024 04:20:55
Kitchener-Waterloo Association of REALTORS®
Davenport Realty Brokerage