39 First Street 37, Welland - Sold for $550,000 | Modern Solution Realty

39 First Street 37, Welland

39 First Street 37 in Welland - 6 bedroom, 2 bathroom. Sold for $550,000. Listed at $549,900.

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.!

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 2750 sqft
  • Basement: Full
  • Heating: Gas
  • Cooling: None
  • Parking: 8 spaces
  • Property Taxes: $3,265.24/yr
  • Neighbourhood: 773 - Lincoln/Crowland
  • Postal Code: L3B 4R8

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