50 Fifth Street, Welland, ON L3B 4Z5
- $574,900
- 4
- BD
- 3
- BA
- 1,100
- SqFt
- List Price
- $574,900
- MLS#
- X13450396
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Duplex
- Style
- 1 1/2 Storey
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1100-1500
- Province
- ON
- Municipality
- Welland
- Area
- Niagara
- Neighborhood
- 773 - Lincoln/Crowland
- Subdivision
- King Street & Ontario Street
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.
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Additional Information
- Taxes
- $2,681
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Lot Depth
- 165
- Rooms
- 7
- Kitchens
- 2
- Exterior
- Vinyl Siding
- Garage Spaces
- 1
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 4
- Parking Type
- Private, Tandem
Mortgage Calculator
Listing courtesy of RE/MAX ESCARPMENT REALTY INC., BROKERAGE.