Lincoln/Crowland, Welland · MLS® 40844280
433
1,520 sq ft · House · Multi-family · built 1907 · 116 days on market
listed by TONY GIGLIOTTI, RE/MAX Niagara Realty Ltd.
Welcome to 51 Plymouth Road in the heart of Welland, an excellent investment opportunity with strong income potential and multiple value-add features. This versatile property offers two self-contained two-bedroom units with separate hydro meters, making it ideal for investors seeking a turnkey duplex, house-hackers looking to offset living expenses, or buyers wanting a flexible multi-unit setup. Both units feature bright, functional layouts with ample parking, generous storage, and a spacious yard that adds tenant appeal. Recent updates help minimize immediate capital expenses and include leveling and insulating the front room with new doors, flooring, and roofing, fresh paint throughout, new shingles on the lower roof (main roof approximately 10 years old), hydro added to the backyard shed and refrigerated storage unit, a new fridge and dishwasher in the upper unit, and a newer stove in the lower unit. The refrigerated storage unit also includes custom-built shelving, providing added utility and storage options. Located close to schools, parks, shopping, public transit, and major commuter routes, this property is positioned in a desirable rental market within the growing community of Welland. Whether you're expanding your portfolio or entering the investment market, offers flexibility, rental income potential, and long-term upside in an increasingly sought-after area.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.