1 Frazer Street, Welland, ON
If you are looking for a low maintenance and high cashflow investment property this is it! Cashflows $700+/month! This is an rl2 zoned duplex, with 2 hydro metres, 100 amp per unit. It boasts 1700+ sq feet of rentable space. Main floor 2 bdrm is on annual lease to a young professional couple (who look after the landscaping by choice) at $1395 + hydro. Upstairs one bdrm with huge walk-in closet has tenants waiting to pay $950 +hydro. Upstairs will be vacant on sale (could get $1000 upstairs if you add washer dryer). Main floor is massive and has tons of character with soaring 9 foot ceilings and authentic trim work and large eat in kitchen. Freshly updated with walk out to the back deck and gardens. Furnace replaced nov 2015. No grass to cut. Separate one car garage with driveway for two additional cars. Massive demand for rentals here - no shortage of quality tenants. Walk to town or canal in minutes, on college bus route. New developments all around. Dont miss it!
Listing Details
Address
1 Frazer Street, Welland, Ontario, L3C1M9
Property Type
House
Style
Detached
Lot Size
66 x 61
Bathrooms
2
Bedrooms
3
Parking Space(s)
2
Cooling
Window Air Conditioner
Heating Type / Fuel
Forced Air, Natural Gas
Basement / Features / Type
Unfinished Crawl Space (Unfinished)
MLS
H4037750
Exterior
Stucco
Storeys
1, 5
Water
Municipal Water
Utility Type
Municipal Sewage System
Parking Type
Detached Garage
Property Features
Paved Driveway
House for sale in Welland located in 1 Frazer Street , Ontario , L3C1M9 , Canada. This House have 3 bedrooms and 2 bathrooms. This property listing building style is Detached . For all the rest of the information we have about this property in Welland , see above.
