18 Rainbow Court Welland, Ontario L3C 6R3
$599,000
The opportunities are endless with this fully renovated 5-bedroom, 3-bathroom raised bungalow semi in the highly sought-after neighborhood of southwest Welland. This property is an investor's dream, featuring two units that collectively earn $4,200 per month in rental income. The main space, offering 4 bedrooms and 2 bathrooms, will be vacant on October 1st, presenting a perfect opportunity for owner-occupiers or new tenants. The lower unit's tenants, who pay $1,600 per month all-inclusive, desire to stay. No detail was missed in the updates (2022), making it an ideal home for various needs. Whether you're looking to utilize the spacious main unit for yourself and have the rental income help pay the mortgage, or you need an in-law suite for multi-generational family living, this property has it all. Features include throughout: Luxury Vinyl Plank Flooring, Quartz Countertops, Two New Laundry Units, Two Sets of all Appliances Included. Brand New Furnace (2024). Low maintenance home, all tenants are AAA+ and have been a pleasure to rent to. This property is an amazing opportunity to expand your investment portfolio or have an excellent tenant help with the monthly payments. Don't miss out on this incredible home in a prime location! (id:38042)
Property Details
| MLS® Number | 40627753 |
| Property Type | Single Family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools |
| CommunityFeatures | Quiet Area, School Bus |
| Features | In-law Suite |
| ParkingSpaceTotal | 6 |
| Structure | Porch |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer, Microwave Built-in, Window Coverings |
| ArchitecturalStyle | Raised Bungalow |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Semi-detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 2220 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeFrontage | 24 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rl2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Kitchen | 14'0'' x 7'0'' | ||
| Lower Level | Living Room | 10'0'' x 14'0'' | ||
| Lower Level | Laundry Room | Measurements not available | ||
| Lower Level | 3pc Bathroom | Measurements not available | ||
| Lower Level | Bedroom | 14'0'' x 10'0'' | ||
| Lower Level | Laundry Room | 9'6'' x 6'0'' | ||
| Lower Level | Full Bathroom | Measurements not available | ||
| Lower Level | Primary Bedroom | 14'0'' x 13'0'' | ||
| Main Level | Bedroom | 10'0'' x 7'6'' | ||
| Main Level | Bedroom | 11'0'' x 11'0'' | ||
| Main Level | Bedroom | 16'0'' x 9'0'' | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Kitchen | 13'0'' x 19'0'' | ||
| Main Level | Living Room | 13'6'' x 13'0'' |
Interested?
Contact me for more information or to see it in person
September 13 2024 12:52:29
Niagara Association of REALTORS®
RE/MAX Garden City Realty Inc, Brokerage