Name: 550 FIRST AVE, Welland | MLS® 40714013
SKU: 40714013
Price: 624990.0 CAD
Availability: InStock

$624,990 Sale

Listed 134 days ago

550 FIRST AVE

MLS® 40714013 House

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Beds · 3+3

Baths · 2.0

Parking · 4

Sqft · 1092

Est. mortgage

$2,371/mo

Key Facts

Key facts for 550 FIRST AVE

Property Type

House, House

Parking

Garage: No, 4 parking

MLS #

40714013

Size

1092 sqft

Basement

Finished, Full (Finished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

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:10452)

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Full Property Details

Interior

Bedrooms

Bedrooms Plus

Washrooms

2.0

Square Footage

1092 sqft

Basement

Finished

Heating Type

Forced air

Air Conditioning

Central air conditioning

Kitchens

Full Bathrooms

Half Bathrooms

Bedrooms

Bedrooms Plus

Washrooms

2.0

Square Footage

1092 sqft

Basement

Finished

Heating Type

Forced air

Air Conditioning

Central air conditioning

Kitchens

Full Bathrooms

Half Bathrooms

Exterior

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

RL2

Land Amenities

Hospital

Acreage

under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

RL2

Land Amenities

Hospital

Building Description

Style

House

Home Type

House

Subtype

House

Exterior

Aluminum siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Smoke Detectors

Architectural Style

Bungalow

Style

House

Home Type

House

Subtype

House

Exterior

Aluminum siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Smoke Detectors

Architectural Style

Bungalow

Community

Area Code

Welland

Area Code

Welland

Room Types

4pc Bathroom

Dimensions 1'1'' x 1'1''

1.17 sqft

4pc Bathroom

Measurements not available

0 sqft

Bedroom

Dimensions 1'1'' x 1'1''

1.17 sqft

The Nicoletti Team

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