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. (id:58549)
| MLS® Number | 40814262 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Park, Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Paved Driveway, In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1292 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Detached Garage |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Hospital, Park, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 165 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 0.152 |
| Size Total | 0.152 Ac|under 1/2 Acre |
| Size Total Text | 0.152 Ac|under 1/2 Acre |
| Zoning Description | Rm1 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 11'9'' x 6'0'' | ||
| Second Level | Living Room | 23'0'' x 10'0'' | ||
| Second Level | Bedroom | 10'11'' x 9'0'' | ||
| Second Level | Bedroom | 10'7'' x 10'11'' | ||
| Second Level | 4pc Bathroom | 11'9'' x 5'6'' | ||
| Basement | 3pc Bathroom | 9' x 7' | ||
| Basement | Primary Bedroom | 13'6'' x 13'2'' | ||
| Basement | Bedroom | 9'4'' x 8'0'' | ||
| Main Level | 3pc Bathroom | 9' x 7' | ||
| Main Level | Living Room | 14'11'' x 9'4'' | ||
| Main Level | Dining Room | 4'0'' x 10'0'' | ||
| Main Level | Kitchen | 14'0'' x 10'0'' |
https://www.realtor.ca/real-estate/29503572/50-fifth-street-welland
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