59 Asher Street, Welland, ON L3B 4J2

$475,000
4
BD
2
BA
1,500
SqFt

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List Price
$475,000
Price Change
▼ $24,900 1784326005
MLS#
X13502570
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
4
Bathrooms
2
Living Area
1500-2000
Province
ON
Municipality
Welland
Area
Niagara
Neighborhood
768 - Welland Downtown
Subdivision
E Main St And Division St

Property Description

Attention investors and first-time home buyers! Don't miss this fantastic opportunity to own a solid, maintenance-free duplex in a desirable Welland neighbourhood. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers exceptional flexibility and income potential. The main floor unit features 2 bedrooms, a bright living room, kitchen, and a 4-piece bathroom, with the possibility of converting the living room into a third bedroom for added value. This unit also includes access to the unfinished basement, complete with laundry, a 100-amp electrical service, and plenty of storage space. The current main floor tenant is vacating as of August 1, 2026, providing an excellent opportunity for owner occupancy or to secure a new tenant at current market rents. The upper unit offers 2 bedrooms, a spacious eat-in kitchen, a 4-piece bathroom, and its own 100-amp sub-panel. The upper tenant is happy to stay, providing immediate rental income from day one. Separate Hydro Meters. Plumbing updated in 2024/2025. Conveniently located close to public transit, grocery stores, restaurants, schools, parks, and other everyday amenities, this is a turnkey investment opportunity with excellent long-term potential. Whether you're an experienced investor or taking your first step into homeownership, this duplex is one you won't want to miss!

Additional Information

Taxes
$2,140
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Lot Depth
90
Kitchens
2
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
2

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Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER MOMENTUM REALTY, BROKERAGE.