Welland, ON L3B 4R8,37-39 First ST
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Welland, ON L3B 4R8,37-39 First ST
Welland, ON L3B 4R8,37-39 First ST
Welland, ON L3B 4R8,37-39 First ST
Welland, ON L3B 4R8,37-39 First ST

$550,000

Est. payment /mo

$549,900

Est.Price: ?

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37-39 First ST Welland, ON L3B 4R8

6 Beds

2 Baths

SOLD DATE : 05/24/2025

Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X12028899

Sold Date 05/24/25

Style 2-Storey

Bedrooms 6

Annual Tax Amount $3,265

Tax Year 2024

Property Sub-Type Duplex

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

Community 773 - Lincoln/Crowland

Area Niagara

Zoning INSH

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 2

Interior

Interior Features None

Cooling None

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 100.0

Lot Depth 165.85

Total Parking Spaces 8

Building

Foundation Concrete Block

Others

Senior Community No

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Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
agent

Mahesh Khatri

Broker Associate

+1(416) 464-6568

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