Nataly Perez Redondo
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Nataly Perez Redondo
  • Home
  • Real Estate Listings
    • Properties Half Map
    • Property Gallery List
  • York Region
    • Living in Vaughan
    • Living in Markham
    • Living in Richmond Hill
  • FAQs
  • Real Estate Blog
  • Contact
647-997-9321
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Price Range
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Active Residential Fourplex

132 Hellems Avenue, Welland, ON L3B 3B3

$649,000.00

132 Hellems Avenue

21 Photos

Overview

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Property ID : X13847016
Bedrooms
7
Bathrooms
4

Description

Investor opportunity with a 7.5 Cap two units available for new tenancies! This legal non-conforming fourplex offers a versatile unit mix with a spacious 3-bedroom main-floor unit, a 3-bedroom upper unit, a 2-bedroom upper unit, and a 1-bedroom lower-level unit. The 1-bedroom lower unit is currently vacant, with the 2-bedroom upper units becoming vacant November 1, 2026, giving a new owner the valuable opportunity to select tenants and establish new tenancies for two of the four units. Additional income potential is offered through coin-operated laundry and a detached garage. With generous unit sizes, multiple income streams and the flexibility provided by two vacant units, this property offers plenty of potential for an investor looking to reposition and add value over time. Roof updated in the last 10 years and the boiler was updated in 2013.