50 FIFTH Street, Welland, Ontario, L3B4Z5
MLS: 40814262 | House (Freehold)
$589,000
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: House (Freehold)
- Bedrooms: 4 (2 above, 2 below)
- Bathrooms: 3
- Living Area: 1,292 sq ft (120.0 m²)
- Above Grade: 1,292 sq ft (120.0 m²)
- Ownership: Freehold
- Attached: No
- Parking: 4.0 spaces (Detached Garage)
- Lot Size: 0.1520 acres (0.06 ha)
- Frontage: 40 ft (12.2 m)
Costs
- Annual Taxes: $2,681.00
Listing Provided by: CREA DDF® Member Brokerage
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Finished, Full
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Exterior & Construction
- Exterior: Vinyl siding
- Foundation: Block
- Fencing: Fence
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Lot Size: 0.1520 acres (0.06 ha)
- Frontage: 40 ft (12.2 m)
- Features: Paved driveway, In-Law Suite
- Zoning: RM1
Community & Neighbourhood
- Subdivision: 773 - Lincoln/Crowland
Room Details (12 rooms)
Listing Information
Listing History
MLS listing activity for 50 FIFTH Street, Welland, Ontario, L3B4Z5 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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50 FIFTH STREET, Welland (Lincoln/Crowland)
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Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
36 WELLBROOK BOULEVARD, Welland (Prince Charles)
House$580,000
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Row / Townhouse$599,000
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41 BENTGRASS Drive, Welland
Row / Townhouse$599,900
$7,416/yr taxListing Courtesy of CENTURY 21 GREEN REALTY INC
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Listing Courtesy of COMMITMENT REALTY LTD.
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50 FIFTH Street, Welland, Ontario, L3B4Z5