26 ALBINA Street, Welland, ON L3C 1P3
Welland, ON, L3C 1P3 · 772 - Broadway
About this property
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.
Features & Amenities
- Basement: Unfinished
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Stucco (Plaster)
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Basement | Unfinished |
| Garage | Detached |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $2,700 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Heater Owned
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Stucco (Plaster)
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Unfinished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 1
- Parking Total
- 2.00
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 99.41
- Lot Width
- 39.97
Financial & Tax
- Tax Annual Amount
- $2,700
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Niagara
- Cross Street
- W Main & Niagara st
- Directions
- Off of West Main, between Franklin and Frazer
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
26 ALBINA Street, Welland, ON L3C 1P3, Welland, ON, L3C 1P3