$699,900
Available - For Sale
Listing ID: X12767236
22 Kennedy Street , Welland, L3B 3R6, Niagara
| Welcome To An Exceptional Investment Opportunity In The Heart Of Welland! This Solid Fourplex With An Additional Dwelling Unit (ADU) Offers Incredible Value For Investors Seeking Strong Cash Flow And Long Term Upside. Featuring Four Self Contained Units Plus A Separate Garden Suite Converted From The Garage. Each Unit Is Equipped With Its Own Hydro Meter Along With A House Meter, Offering Convenience And Efficient Utility Management. Zoned Residential Medium Density (RM), This Property Allows For Flexibility And Future Potential In A Growing Market. Ideally Situated On Kennedy Street In A Mature And Central Neighbourhood, Tenants Will Enjoy Easy Access To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Just Minutes From Downtown Welland, The Welland Canal, Niagara College, And With Quick Access To Hwy 406, This Location Offers Seamless Connectivity To Niagara Falls, St Catharines, And Surrounding Areas. With Strong Rental Demand, A Desirable Unit Mix, And An Additional Dwelling Unit ADU , This Property Represents A Rare Opportunity To Secure A High Performing Asset In One Of Niagara's Emerging Investment Markets. A Smart And Strategic Addition To Any Real Estate Portfolio. |
| Price | $699,900 |
| Taxes: | $5837.80 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 22 Kennedy Street , Welland, L3B 3R6, Niagara |
| Postal Code: | L3B 3R6 |
| Province/State: | Niagara |
| Legal Description: | LTS 37 & 38, PL 596; PT LANEWAY, PL 596, |
| Directions/Cross Streets: | East Main St & Niagara St |
| 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 |
| Category: | Accommodation |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 2236.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Management Expense: | 3925 |
| Net Income Before Debt: | $49719 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
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| ROYAL LEPAGE SIGNATURE REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 768 - Welland Downtown |
| Tax: | $5,837.8 |
| Fireplace: | N |
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