50 FIFTH STREET, Welland (Lincoln/Crowland), Ontario, L3B4Z5

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 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:64974)

Quick Facts

• Property Type: Duplex
• Bedrooms: 4 (2 above, 2 below)
• Bathrooms: 3
• Attached: Yes
• Parking: 4.0 spaces (Detached Garage, Garage, Tandem)
• Frontage: 40 ft (12.2 m)

Costs

• Annual Taxes: $2,681.00

Listing Provided by: RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Board: Niagara Association of REALTORS®
Data provided via CREA DDF®.