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458 Harriet Street Welland, Ontario L3B 2J1

7 Bedroom 3 Bathroom 2580 sqft sq. ft
Ductless Baseboard Heaters, Heat Pump

$599,900

Welcome to the remarkable duplex at 458 Harriet Street. This property boasts an impressive cap rate of 9.07% and has seen extensive renovations over the past two years. One of the significant upgrades is the heating system, which has been transitioned to multiple Ductless Mini Split units. This innovative system allows for individualized heat and hydro control for each unit, with tenants covering their own hydro costs, encompassing both heating and electricity. The property features three units, each fully rented. The layout includes an upper-level two-bedroom unit, a main-floor two-bedroom unit that was updated in 2022, and a lower-level three-bedroom unit that was updated in 2022, all units have their own separate entrance. Adding to the property's appeal is an expansive double-car garage, which is currently rented out and features its own seperate hydro meter for future expansion. Described as a duplex, this property effectively functions as three self-contained units, offering a unique investment opportunity. Experience the blend of functionality and revenue at 458 Harriet Street. (id:38042)

Property Details

MLS® Number 40554982
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Public Transit
Community Features Quiet Area
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Total 7
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1949
Construction Material Concrete Block, Concrete Walls
Cooling Type Ductless
Exterior Finish Concrete, Stucco
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Stories Total 2
Size Interior 2580 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit
Sewer Municipal Sewage System
Size Depth 97 Ft
Size Frontage 50 Ft
Size Irregular 0.112
Size Total 0.112 Ac|under 1/2 Acre
Size Total Text 0.112 Ac|under 1/2 Acre
Zoning Description R1

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