75 State Street, Welland, ON L3B 4K6

About this property

An excellent opportunity for investors or those looking for a versatile multi-unit property! This unique property features three separate units, consisting of a duplex with a basement unit and a main floor/upper story unit, plus a detached legal non-conforming garden suite, offering multiple income streams and plenty of flexibility. All three units are separately metered for hydro, making utility management simple and convenient. All units are vacant, giving buyers the opportunity to get market rents or live in the one unit and rent out the other 2 to help pay down the mortgage. The duplex has been refreshed with all-new flooring and paint throughout, along with a new upper and lower front deck. All new heat pumps throughout the main house provide efficient year-round heating and cooling. Additional improvements include a new patio door and two new exterior doors, giving the property a fresh, updated feel. The garden suite has also seen significant improvements, including all-new flooring, a new kitchen, most windows replaced, new front door a refreshed porch, and a new owned water heater. With three separate units, individual hydro metering, and numerous recent improvements completed, this property presents an attractive opportunity for investors looking to expand their rental portfolio or buyers seeking a property with multiple living spaces and income potential. Book your private showing today!

Property facts & features

Property type

Multiplex

MLS® number

X13777316

Source status

Price Change

Bedrooms

4

Bathrooms

4

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

L3B 4K6

Parking spaces

3

Garage

None

Lot depth (source units)

132

Annual property tax

3613

Basement

Finished

Laundry

Not provided

Interior features

Accessory Apartment, Separate Hydro Meter, Water Heater

Exterior features

Deck

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

Plan your monthly ownership costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

Transit stops, schools and commute information are unavailable until verified sources are connected. Optional overlays remain off.