For sale
$624,990
550 FIRST AVE, Welland, L3C1Z3
- 3 Beds
- 2 Baths
- 4 Parking
- 1,092 sqft
Home Overview
- 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, making it a perfect hands-off investment in a high-demand rental market near Niagara College. This property has been well maintained and thoughtfully upgraded, featuring fresh new paint, a brand-new hot water tank (2024), and some new appliances. The functional layout offers spacious living areas, well-sized bedrooms, and a practical design, ideal for student housing or multitenant occupancy. A large backyard shed provides additional storage, adding value for tenants. Situated in a prime location, this property is just minutes from Niagara College, public transit, shopping, restaurants, and essential amenities, ensuring strong and consistent tenant demand. (id:39198)
136 days
Days
Single Family
Property Type
$3,211 / Year
Est. Annual Taxes
House
Style
-
Garage
Finished, Full
Basement
Location & area
- Additional media
- -
- Property taxes
- $3,211.00 per year / $267.58 per month
- Basement
- Finished, Full
- Year build
- -
- Type
- Single Family
- Bedrooms
- 3 + 3
- Bathrooms
- 2
- Parking spots
- 4 Total
- Floor
- -
- Balcony
- -
- Pool
- -
- External material
- Aluminum siding
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Forced air
- Fire place(s)
- -
Schools nearby
- Basement
- 4pc Bathroom
- 1'1'' x 1'1''
- Kitchen
- 1'1'' x 1'1''
- Bedroom
- 1'1'' x 1'1''
- Bedroom
- 1'1'' x 1'1''
- Bedroom
- 1'1'' x 1'1''
- Main level
- Bedroom
- 1'1'' x 1'1''
- Bedroom
- 1'1'' x 1'1''
- Primary Bedroom
- 1'1'' x 1'1''
- 4pc Bathroom
- 0’0” x 0’0”
- Living room
- 1'1'' x 1'1''
- Kitchen
- 1'1'' x 1'1''
Listing Brokerage
- MLS® Listing
- 40714013
- Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
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