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