| Price Avenue, Welland
Offer Date: FIRST COME FIRST SERVE
Closing Date: August 30, 2024
*Seller has option to extend closing to September 30 2024 given notice is given to buyer by August 14 2024*
About the Property
Looking for your next investment property in Welland? Look no further, SLG has the deal for YOU! This detached 1.75 storey has incredible potential but is in need of a cosmetic uplift to maximize the ARV! The 1290 sqft property has three bedrooms 1 bathroom and an unfinished basement. It sits on a nicely sized lot but could benefit from some curb appeal work. The roof was redone 10 years ago but the gutters need to be cleaned out. There is some moisture in the utility room as the window needs to be replaced. This property has so much potential and is perfect for an investor looking for a fix and flip or BRRR project! Act NOW before it’s GONE!
About the Neighbourhood
The subject property is situated on the north side of Welland near Chippawa Park. Welland is about a 20 minute drive south of St. Catharine’s and about a 50 minute drive to the Buffalo border. The subject property is close to countless amenities such as restaurants, Shoppers Drug Mart, Tim Hortons, Wendys, Starbucks, and schools. The subject property is also only a 5 minute drive to the Welland County General Hospital.
Property Details
- Detached 1.75 storey house
- 3 bedrooms
- 1 bathroom
- 1 car attached garage
- Full Unfinished basement
- 7ft Ceiling Heights
- No Separate Entrance but there is an entrance from the garage that can be sectioned off to lead to the basement
- Some cat urine odor due to litter box in basement
- Some moisture in the basement (utility room) when it rains
- As per seller it is due to the dated windows
- 1290 sqft above grade
- 601 sqft below grade
- Roof was redone 10 years ago
- Gutters need to be cleaned
- Windows
- Main windows were replaced 10 years ago
- Basement windows need to be replaced
- Upstairs windows are older but in good condition
- Exterior Siding in Fair condition (specifically at the back of the house)
- Tankless Water Heater (Navien) is a rental
- Radiator Heating
- No A/C
- Breaker panel, mostly copper wiring as per seller
- Property taxes are about $3690
- Built in 1949
- Lot size is 66ft x 159ft
- RL1 Zoning
Recommended Renovations
- Cosmetic renovation
- Consider upgrading the exterior siding
- Replace basement windows
- The Seller has the option to leave junk behind so we would recommend budgeting for junk removal
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