26 ALBINA Street, Welland FOR SALE

Brokered by: Rock Star Real Estate Inc.

MLS®: 40824702 (Freehold)

Price: $499,900.00

Address: 26 ALBINA Street, Welland
FOR SALE
Subdivision: 772 - Broadway
Postal Code: L3C1P3
Style: 
Type: Multi-family Triplex
Bedrooms: 3
Bathrooms: 3
Parking:  Detached Garage
Garage: Detached Garage
Lot Size:   40 ft x 99 ft
Stories:  2


About 26 Albina Street

Three Self-Contained Units Offering Strong Income Potential With An Added Opportunity To Acquire A Rare Severed Side Lot For Additional Future Development If Desired. This Property Is Ideal For Investors Looking To Expand Their Portfolio Or Buyers Seeking A House Hack Opportunity While Benefiting From Long-Term Upside. Unit 1 Is Located On The Front Ground Floor And Was Fully Renovated In 2020 With A Modern Kitchen, Updated Bathroom, And New Flooring, Currently Rented At $1,100/Month + 33% Utilities. Unit 2 Located On The Second Floor Was Refreshed In 2021 With Updated Flooring And Vanity And Is Currently Vacant, Providing An Excellent Opportunity To Set Market Rent Or Move In. Unit 3 The Rear Ground Floor Unit Provides Stable All-Inclusive Income At $1,100/Month. Tenants Are Excellent And On Month-To-Month Leases, Offering Flexibility To Optimize Rents Over Time. Key Updates Include Shingles (2016), Windows, Electrical Wiring, And Portions Of The Plumbing. As An Added Bonus, A Separately Severed Side Lot Is Available With Concept Plans Showing Potential For A Triplex Or Sixplex Development, Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth. (id:56071). Get more information on 26 Albina Street

Property Features

Rental Equipment:  
Directions:  Off of West Main, between Franklin and Frazer
Zoning Description:  RM1
Interior Size:  1586 sqft
Lot:  under 1/2 acre
Exterior Finish:  Stucco
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   / None
Age: 
Foundation: Block
Basement:  Full (Unfinished) Unfinished

Rooms & Sizes

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.