50 FIFTH Street, Welland, Ontario L3B4Z5

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$574,900
4
BD
3
BA
1,292
SqFt

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List Price
$574,900
MLS®
40839955
Days on Market
40
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
3
Living Area
1,292
Lot Size Dimensions
0.152
Lot Size
6,621
Subdivision
773 - Lincoln/Crowland

Property Description

Excellent duplex opportunity in the heart of Welland! Whether you're an investor looking for steady cash flow or a first-time buyer hoping to offset your mortgage, this updated duplex checks all the boxes. The property currently generates $3,300/month in rental income, with reliable tenants. Both units offer modern updates, including refreshed kitchens, bathrooms, flooring, paint, and contemporary finishes throughout. Situated on a deep lot in a convenient location close to Welland County General Hospital, schools, parks, shopping, and everyday amenities. Photos were taken prior to the current tenants moving in. A fantastic opportunity to step into the market with an income-producing property in a growing Niagara community. Zoning allows short-term rentals. Main level unit to be vacant July 1st. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
773 - Lincoln/Crowland
Parking Spaces
4
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Lot Features
Paved driveway, In-Law Suite
Stories
1.5
Lot Size
6,621

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Calculator source: Real Geeks