314 Broadway Street, Welland, Ontario L3C 5L9

Listed for:
$494,900
3 beds
2 baths
Listed 23 days ago
Duplex for rent: 314 Broadway Street, Welland, Ontario L3C 5L9

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About

Cross Streets: PRINCE CHARLES DRIVE. ** Directions: PRINCE CHARLES DRIVE TO BROADWAY AVE. 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:27476)

Property Highlights

MLS® Number
X13514942
Type
Multi-family
Community Name
772 - Broadway
Land Size
36.4 x 100.3 FT
Parking Space Total
2

Building

Building Type
Duplex
Storeys
1.00
Square Footage
700 - 1100 sqft
Bathrooms Total
2
Bedrooms Above Ground
2
Bedrooms Total
3
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A, Full, N/A (Finished)
Basement Features
Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
REAL BROKER ONTARIO LTD.
MLS® number:
X13514942
Agent:
Stephen Canjar
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