$525,000
$549,900
4.5%For more information regarding the value of a property, please contact us for a free consultation.
54 Patterson AVE Welland, ON L3B 2C4
5 Beds
4 Baths
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X8392540
Sold Date 07/29/24
Style Bungalow-Raised
Bedrooms 5
Annual Tax Amount $3,734
Tax Year 2024
Property Sub-Type Duplex
Property Description
Introducing a fantastic investment opportunity! This raised bungalow comes with permits for renovations, primed for conversion into an income-generating duplex. With drawings already finalized, the new owner can oversee the completion of renovations to their taste. The upper unit is designed to feature a spacious 3-bedroom, 2-bathroom apartment with a projected rent of $2,350 per month. Meanwhile, the lower unit offers a cozy 2-bedroom, 1-bathroom layout, with a projected rent of $1,700 per month. Don't miss out on this chance to maximize your investment potential!
Location
Province ON
County Niagara
Area Niagara
Zoning RL2
Rooms
Family Room No
Basement Separate Entrance, Partially Finished
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Water Heater
Cooling None
Exterior
Parking Features Private Double
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 51.1
Lot Depth 132.5
Total Parking Spaces 5
Building
Building Age 16-30
Foundation Poured Concrete
Others
ParcelsYN No
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