26 Albina St, Welland, Ontario

Multi-Family for Sale in Welland

26 Albina St, Welland, ON

  • CA$499,900
  • 3 BEDS
  • 3 BATHS
  • 3,973.42 sq.ft. Land
  • CA$499,900

Multi-Family for Sale in Welland

26 Albina St, Welland, ON

  • CA$499,900
  • 3 BEDS
  • 3 BATHS
  • 3,973.42 sq.ft. Land
  • CA$499,900

Key Facts

  • MLS® #: X13055268
  • Secondary MLS® #: 40824707
  • Property ID: SIRC3290582
  • Property Type: Residential, Multiplex
  • Lot Size¹: 3,973.42 sq.ft.
  • Year Built: 51
  • Bedrooms: 3
  • Bathrooms: 3
  • Parking Spaces: 2
  • Listed By:
  • ROCK STAR REAL ESTATE INC.

Property Description

Three Self-Contained Units Offering Strong Income Potential With An Added Opportunity To Acquire A Rare Severed Side Lot For Additional Future Development If Desired. This Property Is Ideal For Investors Looking To Expand Their Portfolio Or Buyers Seeking A House Hack Opportunity While Benefiting From Long-Term Upside. Unit 1 Is Located On The Front Ground Floor And Was Fully Renovated In 2020 With A Modern Kitchen, Updated Bathroom, And New Flooring, Currently Rented At $1,100/Month + 33% Utilities. Unit 2 Located On The Second Floor Was Refreshed In 2021 With Updated Flooring And Vanity And Is Currently Vacant, Providing An Excellent Opportunity To Set Market Rent Or Move In. Unit 3 The Rear Ground Floor Unit Provides Stable All-Inclusive Income At $1,100/Month. Tenants Are Excellent And On Month-To-Month Leases, Offering Flexibility To Optimize Rents Over Time. Key Updates Include Shingles (2016), Windows, Electrical Wiring, And Portions Of The Plumbing. As An Added Bonus, A Separately Severed Side Lot Is Available With Concept Plans Showing Potential For A Triplex Or Sixplex Development , Creating A Unique Opportunity For Those Looking To Combine Immediate Cash Flow With Future Growth.

Rooms

  • TypeLevelDimensionsFlooring
  • Living roomMain7' 8.9" x 10' 7.8"Other
  • Living roomMain9' 8.1" x 7' 10"Other
  • BedroomMain10' 11.8" x 8' 5.1"Other
  • BathroomMain6' 5.9" x 6' 3.1"Other
  • BedroomMain10' 7.8" x 12' 2.8"Other
  • Living roomMain11' 6.1" x 14' 11"Other
  • KitchenMain7' 1.8" x 6' 11"Other
  • BathroomMain6' 3.9" x 4' 11"Other
  • Kitchen2nd floor8' 11.8" x 9' 8.1"Other
  • Living room2nd floor15' 8.1" x 13' 8.9"Other
  • Bedroom2nd floor9' 10.5" x 9' 1.8"Other
  • Bathroom2nd floor6' 4.7" x 7' 4.9"Other

Listing Agents

ROCK STAR REAL ESTATE INC.

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Location

26 Albina St, Welland, Ontario, L3C 1P3 Canada

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