ON
Welland (Broadway)
L3C5L9
314 Broadway Street
314 Broadway Street, Welland (Broadway), ON L3C5L9
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Listing Type
Multi Family
Listing Status
Active
1
$494,900

Home Details for 314 Broadway Street

Price
$494,900
Type
Residential Income
Bedrooms
3
Total Bathrooms
2
Listing #
X13514942
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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
Listing Courtesy: REAL BROKER ONTARIO LTD.
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135 Matheson Blvd W Unit 202D, Mississauga, ON L5R 3L1
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905 283 6741
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