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22 Kennedy Street Welland, Ontario L3B 3R6

8 Bedroom 6 Bathroom 2236 sqft
Forced Air, Other

$699,900

Welcome To An Exceptional Investment Opportunity In The Heart Of Welland! This Solid Fourplex With An Additional Dwelling (Unit ADU) Offers Incredible Value For Investors Seeking Strong Cash Flow And Long Term Upside. Featuring Four Self Contained Units Plus A Separate Garden Suite Converted From The Garage. Each Unit Is Equipped With Its Own Hydro Meter Along With A House Meter, Offering Convenience And Efficient Utility Management. Zoned Residential Medium Density (RM), This Property Allows For Flexibility And Future Potential In A Growing Market. Ideally Situated On Kennedy Street In A Mature And Central Neighbourhood, Tenants Will Enjoy Easy Access To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Just Minutes From Downtown Welland, The Welland Canal, Niagara College, And With Quick Access To Hwy 406, This Location Offers Seamless Connectivity To Niagara Falls, St Catharines, And Surrounding Areas. With Strong Rental Demand, A Desirable Unit Mix, And An Additional Dwelling Unit ADU , This Property Represents A Rare Opportunity To Secure A High Performing Asset In One Of Niagara's Emerging Investment Markets. A Smart And Strategic Addition To Any Real Estate Portfolio. (id:63008)

Property Details

MLS® Number 40803407
Property Type Multi-family
EquipmentType Water Heater
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

BathroomTotal 6
BedroomsTotal 8
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1951
ExteriorFinish Other, Stucco
HeatingType Forced Air, Other
StoriesTotal 2
SizeInterior 2236 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage
Open

Land

Acreage No
FenceType Partially Fenced
Sewer Municipal Sewage System
SizeDepth 120 Ft
SizeFrontage 90 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rm, Rl2

https://www.realtor.ca/real-estate/29334803/22-kennedy-street-welland

Thomas Pobojewski
Broker


Royal LePage Signature Realty
30 Eglinton Ave West Suite 7
Mississauga, Ontario L5R 3E7

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