314 Broadway Street, Welland, ON L3C 5L9
- $494,900
- 3
- BD
- 2
- BA
- 700
- SqFt
- List Price
- $494,900
- 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
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!
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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
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Listing courtesy of REAL BROKER ONTARIO LTD..