Welcome to 111 McAlpine Ave. S., Welland! A turn-key investment opportunity offering a legal duplex plus an ADU. The property features two units in the main building and a standalone 2-bedroom Additional Dwelling Unit (ADU), all professionally managed and maintained with no tenant issues. The main floor unit spans the main level and basement of the home, featuring 1+1 bedrooms, 1.5 baths, large kitchen, separate living and dining spaces, front porch and back deck! The second-floor unit offers 2 bedrooms, 1 bath, open concept living-dining-kitchen area, and access to a private front balcony. The ADU includes 2 bedrooms, 1 bath, and a bright, open layout. Each unit has separate hydro meters, private laundry, and dedicated parking (one spot per unit per leases, but the driveway fits 6+ cars). Tenants are current and paying market rents, ensuring a strong, stable income stream. Located close to shopping, schools, highway access, and public transit, this property combines modern living with excellent convenience. Perfect for investors seeking a hands-free, income-generating property in a desirable Welland location. (id:13843)
| MLS # | X13453590 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 136 |
| Listing Provided By | ROCK STAR REAL ESTATE INC. | CHRISTOPHER ALEXANDER HOOK |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 2 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Radiant heat, Natural gas |
| Appliances | Refrigerator, Dishwasher, Stove, Dryer, Microwave, Two Washers, Water Heater |
| Fireplace Yes / No | No |
| Lot Features | Guest Suite, In-Law Suite |
|---|---|
| Foundation Details | Block |
| Parking Features | No Garage |
|---|---|
| Parking Total | 6 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3175.61 |
|---|
| Province | ON |
|---|---|
| City | Welland (Lincoln/Crowland) |
| Postal Code | L3B1T7 |
| Listing VS Median (in L3B1T7) | |
Price: $762,000 low | high Med: $762,000 sqft: 2,000 low | high Med: 2,174 $ / sqft: $381 low | high Med: $353 On site: 136 low | high Med: 136 | |
| Province | ON |
|---|---|
| City | Welland (Lincoln/Crowland) |
| Postal Code | L3B1T7 |
| Listing VS Median (in L3B1T7) | |
Price: $762,000 low | high Med: $762,000 sqft: 2,000 low | high Med: 2,174 $ / sqft: $381 low | high Med: $353 On site: 136 low | high Med: 136 | |