314 Broadway Street.
Welland (broadway), ON $494,900

bed
3 Bedrooms

shower
2 Bathrooms

square_foot
700 SQ/FT

house_siding
1 Stories

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:58067)

MLS # :

X13514942

City :

Welland (broadway)

Property Type :

Multi-family

Style :

Bungalow Duplex

Basement :

N/A, Full, N/A (Finished)

Parking :

No Garage

Lot Size :

36 ft ,4 i x 100 ft ,3

Lot Area :

36.4 x 100.3 FT

Heating/Cooling :

Forced air Natural gas / Central air conditioning

Days on Market :

1 days