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Back to search Home Countries Canada Welland 51 Fourth Street
$474,900

51 Fourth Street

Welland, Canada
4 beds 2 baths Tenant

About this home

One-of-a-Kind Opportunity! This exceptional detached property offers two fully self-contained homes on one deep, private lot, making it ideal for investors, multi-generational living, or owner-occupiers seeking additional income. The main two-storey residence features 2 bedrooms, 1 bathroom, and approximately 1,005 sq. ft. of well-maintained living space, along with a full, high, dry basement. Year-round comfort is provided by a high-efficiency Keeprite furnace and 2-ton central air conditioning. Privately situated at the rear, the separate guest house /in-law suite / auxiliary apartment offers 2 bedrooms, 1 bathroom, and 594 sq. ft. of bright living space with direct garden access. It is heated by a gas space heater and cooled by a window air-conditioning unit, creating a comfortable and independent living environment. Both homes have been exceptionally well cared for and maintained by excellent tenants, reflecting true pride of ownership. The property features outstanding landscaping on a deep, private lot and includes a custom shed/man cave/workshop as well as a custom potting shed. The lot presents outstanding future potential, including the possibility of redevelopment into a 4-plex, 6-plex,or other multi-family configuration. Additional features include separate hydro breakers, two separate gas meters, and two hot water tanks (rentals). Outdoor living is enhanced by a two-tier rear deck, covered front veranda, and a private deck for the guesthouse. A paved double driveway provides parking for up to six vehicles. Live in one and rent the other, rent both, or explore redevelopment opportunities. This truly unique, multi-opportunity property should not be missed. Main house rented for $2151/month and garden suite was rented for $1810, total monthly income potential of $3,961 ($47,532 annually)

Property facts

Property type
Tenant
Bedrooms
4
Bathrooms
2
Days on market
156 days

Features & amenities

Features & finishes
two self-contained homes on one lot
detached
two separate gas meters
two hot water tanks (rentals)
two-tier rear deck
covered front veranda
private deck for guesthouse
custom shed/man cave/workshop
custom potting shed
parking for up to six
garden access
separate hydro breakers
high-efficiency furnace
central air conditioning
gas space heater
window AC
potential redevelopment into multi-family
rental income
landscaped lot

Location

Map unavailable
Approximate location · exact address shared on inquiry

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Listed by YOUR HOME SOLD GUARANTEED REALTY IMPERIUM
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4 bd · 2 ba
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