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Welland (767 - N. Welland),ON L3C1Z3
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,099 sqft
Price per Sqft $591
Subdivision 767 - N. Welland
MLS Listing ID X11972793
Style Bungalow
Bedrooms 6
Property Sub-Type Freehold
Property Description
An incredible income-generating opportunity awaits at 550 First Ave, Welland! This 3+3 bedroom,2-bathroom home is fully tenanted, bringing in over $4,100 per month in rental income, makingit a perfect hands-off investment in a high-demand rental market near Niagara College. Thisproperty has been well maintained and thoughtfully upgraded, featuring fresh new paint, abrand-new hot water tank (2024), and some new appliances. The functional layout offers spaciousliving areas, well-sized bedrooms, and a practical design, ideal for student housing ormulti-tenant occupancy. A large backyard shed provides additional storage, adding value fortenants. Situated in a prime location, this property is just minutes from Niagara College,public transit, shopping, restaurants, and essential amenities, ensuring strong and consistenttenant demand. Plus, $8,000 worth of furnishings are included, making this a truly turnkeyinvestment with minimal effort required. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
Fence Fenced yard
Community Features Community Centre
View Y/N No
Building
Story 1
Sewer Sanitary sewer