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50 Fifth Street Welland, Ontario L3B 4Z5

4 Bedroom 3 Bathroom 1292 sqft
Central Air Conditioning Forced Air

$589,000

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 in place who would love to stay. 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. (id:63008)

Property Details

MLS® Number 40814262
Property Type Single Family
AmenitiesNearBy Hospital, Park, Public Transit, Schools
EquipmentType Water Heater
Features Paved Driveway, In-law Suite
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 2
BedroomsBelowGround 2
BedroomsTotal 4
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1292 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
FenceType Fence
LandAmenities Hospital, Park, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 165 Ft
SizeFrontage 40 Ft
SizeIrregular 0.152
SizeTotal 0.152 Ac|under 1/2 Acre
SizeTotalText 0.152 Ac|under 1/2 Acre
ZoningDescription Rm1

Rooms

Level Type Dimensions
Second Level Kitchen 11'9'' x 6'0''
Second Level Living Room 23'0'' x 10'0''
Second Level Bedroom 10'11'' x 9'0''
Second Level Bedroom 10'7'' x 10'11''
Second Level 4pc Bathroom 11'9'' x 5'6''
Basement 3pc Bathroom 9' x 7'
Basement Primary Bedroom 13'6'' x 13'2''
Basement Bedroom 9'4'' x 8'0''
Main Level 3pc Bathroom 9' x 7'
Main Level Living Room 14'11'' x 9'4''
Main Level Dining Room 4'0'' x 10'0''
Main Level Kitchen 14'0'' x 10'0''

https://www.realtor.ca/real-estate/29503572/50-fifth-street-welland

Kayla Smith
Salesperson


RE/MAX Escarpment Realty Inc
#main B-214 King St
St. Catharines, Ontario L2V 1W9

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