37-39 First Street Image 1

$549,900

6 days agoDuplex For Sale
bedrooms6bed
washrooms8bath
MLS - #X12028899

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

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.

Property Description

Property type

Duplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

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

1 day ago

Virtual tour

None

Basement information

Full, Unfinished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Additional Details

Basement:Full, Unfinished
Cooling:None
Heating:Forced Air
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

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

Location

Walking Icon

Walk Score for 37-39 First Street

Some information about this property - First Street

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