225 Chaffey Street Welland (Lincoln/crowland), Ontario L3B 2Y7
$634,900
Investor Alert Vacant Duplex with $40K+ NOI & Triplex Potential! Vacant possession after May 31, 2025 set your own rents and choose your tenants. This turnkey duplex in central Welland offers $40,000+ projected NOI and over $800/month cash flow, with separate utilities for both spacious 2-bed units. Basement with separate entrance and full ceiling height is primed for triplex conversion (waterproofed with sump pump). Parking for 34 vehicles. A strong, flexible asset in a high-demand rental market! (id:59646)
Property Details
| MLS® Number | X12055015 |
| Property Type | Single Family |
| Community Name | 773 - Lincoln/Crowland |
| Features | In-law Suite |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Dishwasher, Dryer, Microwave, Range, Two Stoves, Two Washers, Two Refrigerators |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Detached |
| Exterior Finish | Stucco |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2000 - 2500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 125 Ft |
| Size Total Text | 40 X 125 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 4.93 m | 3.76 m | 4.93 m x 3.76 m |
| Second Level | Living Room | 5.05 m | 4.11 m | 5.05 m x 4.11 m |
| Second Level | Bedroom | 4.11 m | 2.84 m | 4.11 m x 2.84 m |
| Second Level | Bedroom | 4.01 m | 2.84 m | 4.01 m x 2.84 m |
| Main Level | Kitchen | 5.31 m | 3.94 m | 5.31 m x 3.94 m |
| Main Level | Dining Room | 4.01 m | 2.9 m | 4.01 m x 2.9 m |
| Main Level | Living Room | 4.75 m | 4.01 m | 4.75 m x 4.01 m |
| Main Level | Bedroom | 3.45 m | 2.74 m | 3.45 m x 2.74 m |
| Main Level | Bedroom | 3.45 m | 2.74 m | 3.45 m x 2.74 m |
Interested?
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May 01 2025 08:57:09
Oakville, Milton & District Real Estate Board
Rock Star Real Estate Inc., Brokerage
