37-39 First Street, Welland, ON Image 1

$549,900

Investment For Sale
MLS - #X12028897
3 days ago- By COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

37-39 First Street, Welland, ON L3B 4R8

Bed
Bath
2512 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

2512 Sqft

About 37-39 First Street

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.!

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Building size

2512

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
54990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 37-39 First Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2100.25/ month
$439,920 Principal and Interest
$527,904 Property Taxes

Some information about this property - First Street

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