2 Beds 3 Bath

50 Fifth Street, Welland, ON L3B 4Z5

Welland L3B 4Z5 Ontario

MLS: X12910200

$589,000

Added 3 hours ago | For Sale

Listed by: RE/MAX ESCARPMENT REALTY INC., BROKERAGE

About Property

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. Financials available upon request.

Features

  • House Style:Duplex
  • Bathrooms:3
  • Land Size: 40 X 165
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:King Street & Ontario Street
  • Basement:Finished,Walk-Up,Full , Finished,Walk-Up,Full
  • Possession Date:IMM W/ TENANTS
  • Annual Property taxes: $2681
  • Bedrooms:2 +2
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12910200

Level Type Features Dimensions
Main Kitchen 14 ft x 10 ft
Dining Room 4 ft x 10 ft
Living Room 14 ft, 11 in x 9 ft, 4 in
Bathroom 3 Pc Bath 9 ft x 7 ft
Second Bedroom 3 10 ft, 7 in x 10 ft, 11 in
Bedroom 4 10 ft, 11 in x 9 ft
Living Room 23 ft x 10 ft
Kitchen 11 ft, 9 in x 6 ft
Bathroom 4 Pc Bath 11 ft, 9 in x 5 ft, 6 in
Basement Primary Bedroom 13 ft, 6 in x 13 ft, 2 in
Bedroom 2 9 ft, 4 in x 8 ft
Bathroom 3 Pc Bath 9 ft x 7 ft

No property rooms available.

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