37-39 First Street Save Request In-Person Tour Request Virtual Tour
Welland,ON L3B 4R8
Key Details
Property Type Multi-Family
Sub Type Duplex Side/Side
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,512 sqft
Price per Sqft $218
MLS Listing ID 40708121
Bedrooms 6
Abv Grd Liv Area 2,512
Originating Board Waterloo Region
Annual Tax Amount $3,265
Property Sub-Type Duplex Side/Side
Property Description
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.!
Location
Province ON
County Niagara
Area Welland
Zoning INSH
Direction Lincoln St. to King St. to First St.
Rooms
Basement Full,Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Laundry Other
Exterior
Roof Type Asphalt Shing
Lot Frontage 100.0
Lot Depth 165.85
Garage No
Building
Lot Description Hospital,Park,Public Transit,Rec./Community Centre,Schools
Faces Lincoln St. to King St. to First St.
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 641210051
Ownership Freehold/None