COLDWELL BANKER ADVANTAGE REAL ESTATE

$549,900

37-39 First Street, Welland, Ontario

6 Bedrooms

2 Bathrooms

Property

MLS® Number: 40708121

Address: 37-39 First Street

City: Welland

Exterior: Vinyl Siding

Lot Size: 165.85ft x 100.0ft

Utilities

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 8

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.!

Property Sale History

Travel and Neighbourhood

Very Walkable

Location

Ryan Stegner
Ryan Stegner

Sales Representative

RE/MAX Niagara

Contact Ryan Stegner