$649,000 Sale

Listed 12 days ago

132 HELLEMS AVENUE

MLS® x13847016 Fourplex

Your request was received!

We'll be in touch soon to confirm the details.

Date:

Beds · 6+1

Baths · 4.0

Parking · 5

Sqft · 3500 - 5000

Est. mortgage

$2,462/mo

Key Facts

Key facts for 132 HELLEMS AVENUE

Property Type

Apartment

Parking

Garage: Yes, 5 parking

MLS #

X13847016

Size

3500 - 5000 sqft

Basement

Partially finished, Full (Partially finished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Investor opportunity with a 7.5 Cap rate and 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. (id:10452)

Full Property Details

Interior

Bedrooms

Bedrooms Plus

Washrooms

4.0

Square Footage

3500 - 5000 sqft

Basement

Partially finished, Full (Partially finished)

Heating Source

Natural gas

Heating Type

Radiant heat

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Bedrooms

Bedrooms Plus

Washrooms

4.0

Square Footage

3500 - 5000 sqft

Basement

Partially finished, Full (Partially finished)

Heating Source

Natural gas

Heating Type

Radiant heat

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

55 x 117.4 FT

Parking Spaces

Garage Spaces Y/N

Yes

Acreage

55 x 117.4 FT

Parking Spaces

Garage Spaces Y/N

Yes

Building Description

Home Type

Apartment

Subtype

Fourplex

Exterior

Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Apartment

Subtype

Fourplex

Exterior

Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Welland Downtown

Area Code

Welland (Welland Downtown)

Community

Welland Downtown

Area Code

Welland (Welland Downtown)

Similar Properties (No results)

Mortgage Calculator

Calculate your estimated monthly mortgage payment

Price $649,000

Down payment

Interest rate

Amortization

Total cost of mortgage

Monthly payment

By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).

The accuracy and applicability of this calculator are not guaranteed.

The Nicoletti Team

Email: [email protected]