60 Margery Road, Welland, ON, L3B 2P6

$329,000

MLS® # 40606749

Investment For Sale In Market Square, Welland, Ontario

$329,000

Property Information:

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.

Inclusions: Hot Water Tank Owned,Other,Main Floor Unit Contents & Garbage, And All Appliances In Both Units. All Included Chattel And Fixtures Are As Is.

Exclusions : Tenant Belongings In Upper Unit.

Building Features:

  • Floor Space: 1600 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Built in: 1925
  • Construction Materials: Aluminum Siding, Metal/Steel Siding, Other
  • Cooling: None
  • Driveway Parking: Front Yard Parking
  • Floor Space (approx): 1600 Square Feet
  • Heating: Forced Air
  • Interior Features: Other
  • Laundry Features: Coin Operated
  • Lot Depth: 59.25 Feet
  • Lot Features: Irregular Lot, Other
  • Lot Frontage: 36.08 Feet
  • Roof: Other
  • Water Source: Municipal
  • Zoning: RL2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: Davenport Realty Brokerage

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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