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$ 574,900
Est. payment /mo
New
50 Fifth ST Welland, ON L3B 4Z5
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X13450396
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $2,681
Tax Year 2025
Property Sub-Type Duplex
Property Description
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. 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. Main level unit to be vacant July 1st.
Location
Province ON
County Niagara
Area Niagara
Zoning RM2
Rooms
Basement Finished, Walk-Up, Full
Kitchen 2
Interior
Interior Features Carpet Free, In-Law Suite
Cooling Central Air
Inclusions All Appliances
Exterior
Exterior Feature Porch
Parking Features Detached
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Building Age 100+
Foundation Block
Lited by RE/MAX ESCARPMENT REALTY INC., BROKERAGE