314 Broadway Street, Welland, ON L3C 5L9
- $449,900
- 3
- BD
- 2
- BA
- 700
- SqFt
- List Price
- $449,900
- Price Change
- ▼ $25,000 1790204545
- MLS#
- X13514942
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Duplex
- Style
- Bungalow
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 700-1100
- Province
- ON
- Municipality
- Welland
- Area
- Niagara
- Neighborhood
- 772 - Broadway
- Subdivision
- Prince Charles Drive
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 TWOTurn-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.
/u.realgeeks.media/teamkoukun/dun_Main_Logo_(1).png){kind=logo}
Additional Information
- Taxes
- $2,776
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Lot Depth
- 100
- Kitchens
- 2
- Exterior
- Vinyl Siding
- Waterfront Type
- Indirect
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 2
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of REAL BROKER ONTARIO LTD..