136 Regent Street
768 - Welland Downtown, Welland, L3B 4H8
FOR SALE
$425,000
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3
BEDROOMS 2
BATHROOMS 2
KITCHENS 10
ROOMS X13524072
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Property Description
Attention investors and savvy buyers! This separate metered duplex in the heart of downtown Welland offers strong rental income and excellent long-term potential. Ideally located just steps to the Welland Farmers' Market, restaurants, shopping, parks, schools and public transit, this property combines convenience with cash flow. The front unit features 2 spacious bedrooms and rents for $1,409/month, while the rear unit offers 1 bedroom plus a den/home office and rents for $1,178/month, generating a gross annual income of $31,044. Based on the current income and operating expenses, the property offers an approximate 5.4% cap rate. Separate hydro and gas meters help reduce operating expenses, making this an attractive investment. The unfinished basement provides laundry and additional storage space. Situated on a 33 x 132 ft lot, the front tenant enjoys exclusive use of the covered front porch while the rear tenant has access to the private backyard. Whether you're looking to expand your investment portfolio, live in one unit while offsetting your mortgage with rental income, or add a duplex to your holdings, this property is an opportunity you won't want to miss. Approximate cap rate is based on current rental income and annual operating expenses as provided by the Seller.
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Property Features
Library, Hospital, Public Transit, Water Heater Owned, Private
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Property Details
Address
136 Regent Street
Community
City
Postal Code
L3B 4H8
Property Type
Duplex, Duplex
Zoning
RL2
Lot Size
34' x 130'
Taxes
$2,556 (2026
Basement
Unfinished
Exterior
Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Re/Max Niagara Realty Ltd, Brokerage
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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Welcome to 51 Plymouth Road in the heart of Welland! This versatile property features two self-contained two-bedroom units with separate hydro meters, offering the flexibility to be used as one spacious four-bedroom, two-bath home or as two separate units with excellent income potential. Both units offer bright, functional living spaces, ample parking, generous storage, and a spacious yard. Recent updates include leveling and insulating the front room with new doors, flooring, and roofing, new shingles on the lower roof (main roof approximately 10 years old), fresh paint throughout, 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 features custom-built shelving for exceptional storage. Conveniently located close to schools, parks, shopping, transit, and major routes, this property is ideal for homeowners, investors, or multi-generational families. A rare opportunity to own a flexible, income-producing property in a growing community!
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