22 KENNEDY Street
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Fourplex For Sale

$699,900

22 KENNEDY Street

MLS® Number: 40803407

Bedrooms

8

Bathrooms

6

Floor Area

2,236

Year Built

1951

About This Property

Welcome To An Exceptional Investment Opportunity In The Heart Of Welland! This Solid Fourplex With An Additional Dwelling (Unit ADU) Offers Incredible Value For Investors Seeking Strong Cash Flow And Long Term Upside. Featuring Four Self Contained Units Plus A Separate Garden Suite Converted From The Garage. Each Unit Is Equipped With Its Own Hydro Meter Along With A House Meter, Offering Convenience And Efficient Utility Management. Zoned Residential Medium Density (RM), This Property Allows For Flexibility And Future Potential In A Growing Market. Ideally Situated On Kennedy Street In A Mature And Central Neighbourhood, Tenants Will Enjoy Easy Access To Public Transit, Schools, Parks, Shopping, And Everyday Amenities. Just Minutes From Downtown Welland, The Welland Canal, Niagara College, And With Quick Access To Hwy 406, This Location Offers Seamless Connectivity To Niagara Falls, St Catharines, And Surrounding Areas. With Strong Rental Demand, A Desirable Unit Mix, And An Additional Dwelling Unit ADU , This Property Represents A Rare Opportunity To Secure A High Performing Asset In One Of Niagara's Emerging Investment Markets. A Smart And Strategic Addition To Any Real Estate Portfolio.

Property Details

Interior Details

Basement

Finished, Full

Bathrooms Total

6

Bedrooms Total

8

Heating

Forced air, Other

Living Area

2236 sqft

Building & Exterior

Exterior Features

Stucco, Other

Number Of Units Total

5

Parking Features

Detached Garage, Open

Stories

2.0

Year Built

1951

Land & Location

Frontage Length

90.0 feet

Subdivision Name

768 - Welland Downtown

Listing & Financials

Listing Office

ROYAL LEPAGE SIGNATURE REALTY

Originating System Name

Cornerstone Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

5

Mortgage Calculator

20% ($139,980)
5.5%
25 Years

Estimated Monthly Payment

$3,438

Principal and interest only. Actual rates may vary.

Location & Map

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List Property22 KENNEDY Street, Welland | $699,900 | Lify.ca