542 First Avenue
767 - N. Welland, Welland, L3C 1Z3
FOR SALE
$549,900
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3 + 3
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 7
ROOMSX12765762
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Property Description
Start making money on Day 1 of ownership! Fully rented and ALL tenants have already paid the full school term! ($3750/gross monthly income). TURN KEY, READY TO GO, INCOME PRODUCING INVESTMENT PROPERTY! Here are the details about the home: 6 bedrooms, 2 baths, 1 kitchen, 3 parking spaces, all windows are proper egress sized, steel doors on the bedrooms (lower level), 5/8" fire rated drywall in the lower levels, hard wired and battery operated interconnected Smoke and Carbon Monoxide Fire Alarms on all levels, plus sprinkler heads in the furnace room. Seriously.. this house is so close to the college, that some of the parking spaces are farther away from the school than this house is! Plus, it's on the bus route to Brock University and all the other surrounding schools. Perfect home for Niagara College AND Brock University Students!! Quick drive to HWY 406 and HWY 20. This is truly a smart investment for families and investors. Come see it today! (24 hours notice required - Tenant Occupied)
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Property Features
Carpet Free, Private
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Property Details
Address
542 First Avenue
Community
City
Postal Code
L3C 1Z3
Property Type
Semi-Detached , Semi-Detached
Zoning
RL2
Lot Size
30' x 120'
Taxes
$3,252 (2025
Basement
Finished with Walk-Out, Separate Entrance, Walk-Up
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Century 21 Heritage House Ltd
Set on a quiet cul-de-sac in North Welland, 38 Dougherty Crescent offers a convenient location near schools, shopping, dining, and everyday amenities. The main floor features new flooring throughout, a bright living room, formal dining space, and patio doors leading to the backyard. Upstairs, you'll find three generous bedrooms and a recently updated full bathroom, all filled with natural light. The detached double garage is a standout feature, complemented by a recently updated driveway, and the lower level offers in-law suite potential, complete with an additional bedroom and updated full bathroom offering flexibility for extended family or added income.
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