314 BROADWAY, Welland, Ontario L3C5L9
Listing courtesy of Real Broker Ontario Ltd..
- $494,900
- 3
- BD
- 2
- BA
- 1,502
- SqFt
- List Price
- $494,900
- MLS®
- 40844483
- Days on Market
- 24
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,502
- Subdivision
- 772 - Broadway
Property Description
Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure—simply start collecting. The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system. Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don't miss this rare, stress-free income generator! (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
