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:24093)

Never miss new listings between $584,000 - $714,000 in this neighborhood

Successfully Subscribed!

We will never spam you or sell your details. You can unsubscribe whenever you like.

"Based on information submitted to CREA as of October 16, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

Name

Your Email Address

Phone

Message Send me the deed for 132 Hellems Avenue Welland (welland Downtown) ON L3B 3B3 (ID#:X13847016)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 132 Hellems Avenue Welland (welland Downtown) ON L3B 3B3 (ID#:X13847016)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 132 Hellems Avenue Welland (welland Downtown) ON L3B 3B3 (ID#:X13847016)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Sidebar Fav/

Property Details of 132 Hellems Avenue

Property Details

Basic Information

Property

Location

Interior Features

Beds/Baths

Utilities and Appliances

Utilities and Appliances

Map Location

Never Miss New Listings

Hi there! How can we help you?

Sidebar Fav/

Hi there! How can we help you?

Property Details of 132 Hellems Avenue

Property Details

Basic Information

Property

Location

Interior Features

Beds/Baths

Utilities and Appliances

Utilities and Appliances

Map Location

Never Miss New Listings

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?