478 East Main Street

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.

Duplex with spacious backyard - Ideal investment or owner-occupied opportunity! Discover this well-maintained duplex, perfectly located close to everyday conveniences. Each newly renovated unit features two bedrooms, one full bathroom, a comfortable living room with plenty of natural light and a spacious eat-in kitchen. Separate entrances and utilities for privacy and convenience. Close to amenities - schools, shopping, restaurants and public transit, just minutes away. Ideal for investors: rent both units for consistent income or owner occupants: live in one unit and rent the other.

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!