26 ALBINA Street
About this home
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.
Rooms
| Living Room | 3.05 × 2.36 m | |
| Living Room | 2.39 × 2.95 m | |
| Bedroom | 2.57 × 3.35 m | |
| Bathroom | 1.91 × 1.98 m | 4 Pc Bath |
| Bedroom | 3.73 × 3.05 m | |
| Living Room | 4.27 × 3.51 m | |
| Kitchen | 2.11 × 2.18 m | |
| Bathroom | 1.50 × 1.93 m | 4 Pc Bath |
| Kitchen | 2.95 × 2.74 m | |
| Living Room | 4.19 × 4.78 m | |
| Bedroom | 2.79 × 2.77 m | |
| Bathroom | 2.26 × 1.83 m |
Features
- Water Heater Owned
- Unfinished
- Central Air
- 2-Storey
Financials
Estimated Rental Income
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Welland
Based on active listings in Welland. Data updates daily.
Getting around
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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