Welland, ON L3B 4R8,37-39 First ST
Welland, ON L3B 4R8,37-39 First ST
Welland, ON L3B 4R8,37-39 First ST
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$549,900
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2,512 SqFt
Pending

37-39 First ST Welland, ON L3B 4R8

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 2,512 sqft

Price per Sqft $218

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X12028897

Annual Tax Amount $3,265

Tax Year 2024

Property Sub-Type Investment

Lot Depth 165.85

Lot Front 100.0

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

Interior

Cooling No

Inclusions Fridge x2, Stove x2, Washer, Dryer

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Available

Lot Frontage 100.0

Lot Depth 165.85


Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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agent

Mitra Nobakht-Eivaly

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+1(416) 832-9292

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37-39 First ST