37-39 First ST Pending Save Request In-Person Tour Request Virtual Tour
Welland,ON L3B 4R8
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12028899
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,265
Tax Year 2024
Property Sub-Type Duplex
Property Description
WELCOME TO 37-39 FIRST ST., WELLAND!Discover this unique side-by-side duplex, originally two semi-detached properties, now in the process of being severed back into two separate parcels! Located in the heart of Welland, this property boasts a prime location near schools, parks, the hospital, recreation facilities, a pharmacy, and the Welland Canal.Each unit offers 3 bedrooms, 1 bathroom, a full basement, and a detached garage/shed. The property is separately metered and fully tenanted, generating a combined rental income of $3,360 per month. Situated on a spacious 100x166 ft lot with favorable INSH zoning, this property offers incredible flexibility. Whether you choose to continue operating it as a duplex, generate steady rental income during the severance process, or plan for a larger future development, the possibilities are endless. With its excellent location, strong rental income, and development potential, this is a rare investment opportunity you won't want to miss. Schedule your viewing today and explore the potential of 37-39 First St.!
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Zoning INSH
Rooms
Family Room No
Kitchen 2
Interior
Cooling None
Inclusions Fridge x2, Stove x2, Washer, Dryer
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete Block