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50 FIFTH STREET
Welland (Lincoln/Crowland) Ontario L3B4Z5 Canada

$589,000

Active Listing ID X12910200
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4 bed
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3.00 Bath
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Multi-family

$589,000

Active Listing ID X12910200
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50 FIFTH STREET Excellent duplex opportunity in the heart of Welland! Whether you're an investor looking for steady cash flow or a first-time buyer hoping to offset your mortgage, this updated duplex checks all the boxes. The property currently generates $3, 300/month in rental income, with reliable tenants in place who would love to stay. Both units offer modern updates, including refreshed kitchens, bathrooms, flooring, paint, and contemporary finishes throughout. Situated on a deep lot in a convenient location close to Welland County General Hospital, schools, parks, shopping, and everyday amenities. Photos were taken prior to the current tenants moving in. A fantastic opportunity to step into the market with an income-producing property in a growing Niagara community. Zoning allows short-term rentals. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Vinyl siding
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 3/24/2026 6:30:48 PM GMT
Source Updated Date: 3/31/2026 8:20:32 PM GMT

Courtesy of: Kayla Smith, Salesperson, RE/MAX ESCARPMENT REALTY INC., BROKERAGE