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$ 449,900
Est. payment /mo
New
285 McAlpine AVE S Welland, ON L3B 1V1
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X14153772
Style Bungalow-Raised
Bedrooms 6
Annual Tax Amount $3,233
Tax Year 2025
Property Sub-Type Detached
Property Description
Investment opportunity in Welland! This triplex features three self-contained residential units, each with its own kitchen and full bathroom. The main floor unit offers 3 bedrooms, 1 full bathroom, and an open-concept kitchen. The rear unit consists of 1 bedroom and 1 full bathroom, while the upper unit features 2 bedrooms, 1 full bathroom. All three units are currently occupied under fixed-term leases until the end of June 2027, providing an existing rental income stream. The partially finished basement features a separate side entrance, a 3-piece bathroom, and a stone fireplace, offering potential for conversion into a fourth residential unit. Notable improvements reported include roof and eavestrough replacement in 2022, a newer 65,000 BTU furnace, updated weeping tile along the west side, and a newer front deck. Additional features include separate hydro meters for each unit, a covered upper-level walkway, a partially roughed-in sunroom or screened porch area, a detached garage, and parking for approximately 3 vehicles. Situated on an approximately 5,425 sq. ft. corner lot with roughly 60 feet of frontage. An income-producing property with potential for additional rental capacity.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room Yes
Basement Full
Kitchen 4
Interior
Interior Features Water Heater
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 60.5
Lot Depth 89.0
Total Parking Spaces 4
Building
Foundation Concrete Block
Others
ParcelsYN No
Listed by KING REALTY INC.
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