21 FIFTH STREET, Welland (Lincoln/Crowland)
$329,900
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 4 bedrooms, 2 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X13536094
- Neighbourhood
- 773 - Lincoln/Crowland
Excellent opportunity for investors, renovators, and value-add buyers in Welland. This legal two-storey duplex offers two separate two-bedroom units, two kitchens, four bedrooms, and two bathrooms in total. Each unit has potential rental income of approximately $1,600 to $1,700 per month, for a combined monthly income of up to $3,400. The property is vacant, allowing for immediate renovations and tenant placement. Features include two rented on-demand hot water heaters, a mutual driveway, and street parking. Conveniently located near parks, schools, shopping, restaurants, the Welland Canal, and Welland's recreational waterway. Property is being sold as is. Motivated seller, offers welcome anytime!
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