552 FIRST Avenue, Welland, Ontario, L3C1Z3

Property Description

Turn-key income property steps from Niagara College. This fully tenanted 4-level backsplit offers 5 bedrooms plus 2 additional finished rooms, 2 full bathrooms, 2 kitchens and a separate entrance. An ideal setup for student housing or multi-generational living.The home features a functional multi-level layout with over 1,000 sq ft above grade plus two finished lower levels. Roof updated in 2023 and electrical panel replaced approximately 3 years ago. Parking is a major bonus: a wide 2-car front parking pad plus a driveway extending to the rear adding four more vehicle spots (total 6 parking spaces). Rare flexibility in a high-demand student rental pocket. Situated directly across Niagara College, on a direct bus route to Brock University and minutes to Hwy 406 and Hwy 20. Properties this close to campus with proven rental performance and strong income potential do not come up often. A compelling addition to any investor's portfolio in one of Welland's most reliable student markets. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 5 (4 above, 1 below)
• Bathrooms: 2
• Living Area: 1,034 sq ft (96.1 m²)
• Above Grade: 1,034 sq ft (96.1 m²)
• Ownership: Freehold
• Attached: Yes
• Parking: 6 spaces
• Frontage: 30 ft (9.1 m)

Costs

• Annual Taxes: $3,347.00

Listing Provided by: eXp Realty (Team Branch)
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.