Welland, ON L3B 4R8,37-39 First Street
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Welland, ON L3B 4R8,37-39 First Street
Welland, ON L3B 4R8,37-39 First Street
Welland, ON L3B 4R8,37-39 First Street
Welland, ON L3B 4R8,37-39 First Street
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Active Under Contract

37-39 First Street Welland, ON L3B 4R8

6 Beds

2 Baths

2,512 SqFt


UPDATED:

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


Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE
agent

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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37-39 First Street