| Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 1,050,000. |
| Price | $750,000 |
| Taxes: | $4411.64 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 264 Hellems Avenue , Welland, L3B 3B7, Niagara |
| Postal Code: | L3B 3B7 |
| Province/State: | Niagara |
| Legal Description: | PT BLK V PL 564, PTS 2 & 4 59R12085; S/T |
| Directions/Cross Streets: | Lincoln St/Hellems Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Designated |
| Total Area: | 0.20 |
| Total Area Code: | Acres |
| Area Influences: | Major Highway Public Transit |
| Washrooms: | 2 |
| Drive-In Level Shipping Doors #: | 1 |
| Height Feet: | 12 |
| Sewers: | Sanitary Availa |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ESCARPMENT REALTY INC. |
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| Book Showing | Email a Friend |
| Type: | Com - Land |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 768 - Welland Downtown |
| Tax: | $4,411.64 |
| Baths: | 2 |
| Fireplace: | N |