458 Harriet Street, 773 - Lincoln/Crowland in Welland, ON

458 Harriet Street, 773 - Lincoln/Crowland in Welland

Welcome to the remarkable duplex at 458 Harriet Street. This property boasts an impressive cap rate of 8.19% and has seen extensive renovations over the past two years. One of the significant upgrades is the heating system, which has been transitioned to multiple Ductless Mini Split units. This innovative system allows for individualized heat and hydro control for each unit, with tenants covering their own hydro costs, encompassing both heating and electricity. The property features three units, each fully rented. The layout includes an upper-level two-bedroom unit, a main-floor two-bedroom unit that was updated in 2022, and a lower-level three-bedroom unit that was updated in 2022, all units have their own separate entrance. Adding to the property's appeal is an expansive double-car garage, which is currently rented out and features its own seperate hydro meter for future expansion. Described as a duplex, this property effectively functions as three self-contained units, offering a unique investment opportunity. Experience the blend of functionality and revenue at 458 Harriet Street. (id:6289)