552 First Avenue, Welland, Ontario  L3C 1Z3 - Photo 1 - 40807115
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552 First Avenue
Welland, Ontario L3C 1Z3

Turn-key income property steps from Niagara College. This fully tenanted 4-level backsplit offers 5 bedrooms plus 2 additional finished rooms, 2 full bathrooms, 2 kitchens and a separate entrance. An ideal setup for student housing or multi-generational living.The home features a functional multi-level layout with over 1,000 sq ft above grade plus two finished lower levels. Roof updated in 2023 and electrical panel replaced approximately 3 years ago. Parking is a major bonus: a wide 2-car front parking pad plus a driveway extending to the rear adding four more vehicle spots (total 6 parking spaces). Rare flexibility in a high-demand student rental pocket. Situated directly across Niagara College, on a direct bus route to Brock University and minutes to Hwy 406 and Hwy 20. Properties this close to campus with proven rental performance and strong income potential do not come up often. A compelling addition to any investor's portfolio in one of Welland's most reliable student markets. (id:15265)

$529,900 For sale

MLS® Number
40807115
Type
Single Family
Building Type
House
Bedrooms
5
Bathrooms
2
Parking
6
SQ Footage
1,034 ft2
Cooling
Central Air Conditioning
Heating
Forced Air

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Property Details

MLS® Number 40807115
Property Type Single Family
AmenitiesNearBy Public Transit, Schools
ParkingSpaceTotal 6

Land

Acreage No
LandAmenities Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 120 Ft
SizeFrontage 30 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rl2

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Semi-detached
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 1,034 Ft2
Type House
UtilityWater Municipal Water

Rooms

Level Type Dimensions
Third Level Family Room 10'2'' x 9'1''
Third Level Bedroom 10'3'' x 7'6''
Third Level 3pc Bathroom 4'5'' x 6'6''
Third Level Kitchen 13'4'' x 13'3''
Lower Level Laundry Room 11'9'' x 8'8''
Lower Level Bedroom 7'4'' x 9'5''
Lower Level Bonus Room 7'9'' x 7'5''
Lower Level Bonus Room 12'1'' x 8'8''
Main Level Dining Room 10'4'' x 8'6''
Main Level Kitchen 9'8'' x 10'1''
Main Level Living Room 14'4'' x 6'8''
Upper Level 4pc Bathroom 4'11'' x 9'3''
Upper Level Bedroom 8'6'' x 8'9''
Upper Level Bedroom 10'2'' x 7'6''
Upper Level Primary Bedroom 12'2'' x 8'4''

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fank

Frank DeCicco

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Steve Simard

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