For Sale - 26 ALBINA Street, Welland, Ontario

Est payment $2,400/mo
Views   1
Time on Jump  66 day
  • Three self-contained units with strong income potential for investors.
  • Fully renovated ground floor unit with modern kitchen and reliable income.
  • Vacant second floor unit ready to set market rent or occupy.
  • Stable all-inclusive income from the rear ground floor unit.
  • Rare severed side lot available for future development opportunities.



Three self-contained units offering strong income potential with an added opportunity to acquire a rare severed side lot for additional future development if desired. This property is ideal for investors looking to expand their portfolio or buyers seeking a house hack opportunity while benefiting from long-term upside. Unit 1 is located on the front ground floor and was fully renovated in 2020 with a modern kitchen, updated bathroom, and new flooring, currently rented at $1,100/month + 33% utilities. Unit 2 located on the second floor was refreshed in 2021 with updated flooring and vanity and is currently vacant, providing an excellent opportunity to set market rent or move in. Unit 3 the rear ground floor unit provides stable all-inclusive income at $1,100/month. Tenants are excellent and on month-to-month leases, offering flexibility to optimize rents over time. Key updates include shingles (2016), windows, electrical wiring, and portions of the plumbing. As an added bonus, a separately severed side lot is available with concept plans showing potential for a triplex or sixplex development , creating a unique opportunity for those looking to combine immediate cash flow with future growth.
Listing IDX13055268
Address26 ALBINA Street
CityWelland, Ontario
Price$499,900
Bed / Bath3 / 3 Full
Style2-Storey, Multiplex
ConstructionStucco (Plaster)
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features Water Heater OwnedOwnership FreeholdWaterfront NoneBasement UnfinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 2.00
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Listing Agency:  ROCK STAR REAL ESTATE INC.

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