458 Harriet Street, Welland, Ontario L3B 2J1

Listed for:
$624,900
7 beds
3 baths
Listed 40 days ago
Duplex for rent: 458 Harriet Street, Welland, Ontario L3B 2J1

View all 14 photos

Learn more about this property
Listing provided by:
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
MLS® number:
40554982
Agent:
Robert Di Corrado
*Indicates required field
Name is required
Email is required

About

ONTARIO RD AND SOUTHWORTH Welcome to the remarkable duplex at 458 Harriet Street. This property boasts an impressive cap rate of 8.19% and has seen extensive renovations over the past two years. One of the significant upgrades is the heating system, which has been transitioned to multiple Ductless Mini Split units. This innovative system allows for individualized heat and hydro control for each unit, with tenants covering their own hydro costs, encompassing both heating and electricity. The property features three units, each fully rented. The layout includes an upper-level two-bedroom unit, a main-floor two-bedroom unit that was updated in 2022, and a lower-level three-bedroom unit that was updated in 2022, all units have their own separate entrance. Adding to the property's appeal is an expansive double-car garage, which is currently rented out and features its own seperate hydro meter for future expansion. Described as a duplex, this property effectively functions as three self-contained units, offering a unique investment opportunity. Experience the blend of functionality and revenue at 458 Harriet Street. (id:27476)

Property Highlights

Type
Duplex
Cooling type
Ductless
Heating fuel
Electric
Fireplace
No
Construction material
Concrete, Stucco
Parking space
4
Ownership Type
Freehold
Amenities nearby
Park, Place of Worship, Playground, Public Transit

Location