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264 Hellems Avenue, Welland, ON L3B 3B7

768 - Welland Downtown · Welland · ON · L3B 3B7

$699,000
$635/sqft
7 beds2 baths1,100–1,500 sqft24 parkingDetached

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264 Hellems Avenue, Welland, ON L3B 3B7Request a viewing

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.

Property Type
Detached
Style
Bungalow
Bedrooms
7
Bathrooms
2
Square Feet
1,100–1,500
Year Built
Parking
24
Basement
Finished
Taxes
$4,412/yr
Market insight: Homes in 768 - Welland Downtown have stayed in demand, with well-priced properties moving quickly. Ask about recent comparable sales →