5 Beds 2 Bath

552 First Avenue, Welland, ON L3C 1Z3

Welland L3C 1Z3 Ontario

MLS: X12814730

$529,900

Added 2 hours ago | For Sale

Listed by: EXP REALTY

About Property

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.

Features

  • House Style:Semi-Detached
  • Bathrooms:2
  • Land Size: 30 X 120.21
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Woodlawn Rd
  • Basement:Finished,Full,Separate Entrance , Finished,Full,Separate Entrance
  • Possession Date:60-90 days
  • Annual Property taxes: $3347
  • Bedrooms:5
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12814730

Level Type Features Dimensions
Main Living Room 14 ft, 4 in x 6 ft, 8 in
Kitchen 9 ft, 8 in x 10 ft
Dining Room 10 ft, 4 in x 8 ft, 6 in
Upper Primary Bedroom 12 ft, 2 in x 8 ft, 4 in
Bedroom 2 10 ft, 2 in x 7 ft, 6 in
Bedroom 3 8 ft, 6 in x 8 ft, 9 in
Bathroom 4 Pc Bath 4 ft, 11 in x 9 ft, 3 in
Third Family Room 10 ft, 2 in x 9 ft
Kitchen 13 ft, 4 in x 13 ft, 3 in
Bathroom 4 ft, 5 in x 6 ft, 6 in
Bedroom 4 10 ft, 3 in x 7 ft, 6 in
Lower Bedroom 5 7 ft, 4 in x 9 ft, 5 in
Other 12 ft x 8 ft, 8 in
Other 7 ft, 9 in x 7 ft, 5 in
Laundry 11 ft, 9 in x 8 ft, 8 in

No property rooms available.

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