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(905) 526-4837
Real Estate Company
314 BROADWAY, Welland, Ontario L3C5L9
Listing courtesy of Real Broker Ontario Ltd..
- $449,900
- 3
- BD
- 2
- BA
- 1,502
- SqFt
- List Price
- $449,900
- Price Change
- ▼ $25,000 1790205784
- MLS®
- 40844483
- Days on Market
- 118
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,502
- Subdivision
- 772 - Broadway
Property Description
Two Opportunities Here! Home Ownership May Have Just Got More Affordable... OPTION ONE. Live in one, rent the other. Not just for investors, this is an ideal first home or house-hack opportunity. Live on the main floor and let the lower unit's rent help pay your mortgage. As an owner-occupant, you may also qualify for a lower down payment than a pure investment purchase. When you're ready to move on, keep it as a fully rented income property.Steps from local amenities, the dog park and the Welland Recreational Canal trail system, it's a prime, high-demand rental location that tenants and owners will love. OPTION TWO. Turn-Key Duplex in the Heart of Welland! This extensively renovated duplex at 314 Broadway Avenue is a completely hands-off, high-yield addition to any portfolio. It offers a strong 5.8% cap rate and needs zero capital expenditure, so you can simply start collecting.The main floor unit has a bright, spacious 2-bedroom layout with a potential 3rd bedroom. The lower level is a fully finished 1-bedroom unit. Both units have been modernized from top to bottom, with contemporary finishes, updated kitchens and pristine baths. (id:5764)
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Additional Information
- Ownership
- Freehold
- Subdivision
- 772 - Broadway
- Parking Spaces
- 2
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Municipal sewage system
- Heating
- Forced air, Natural gas
- Total Number Of Units
- 2
- Stories
- 1
