Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

264 Hellems Avenue, Welland, ON L3B 3B7 (Lincoln St/Hellems Ave)
$ 699000 - MLS : X12918780

From Our Gallery

Description

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 948,900.

Location Description

Lincoln St/Hellems Ave

Property Detail

Community: 768 - Welland Downtown
Property Type: Owner+Tenant/Commercial
Bath: 2
Annual Property Taxes : $ 4412

Lot dimensions: sqft
Baths:

Facts and Features

Amenities

Sewer : Sanitary Available ,
Cooling :

Listing Contracted With: RE/MAX ESCARPMENT REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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