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314 Broadway Avenue A, Welland, Ontario

$474,900

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3

Beds

2

Baths

1,502

Square feet

About 314 Broadway Avenue A

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:6289)

Features of 314 Broadway Avenue A

Listing # 40844483
Price $474,900
Bedrooms 3
Bathrooms 2.00
Square Footage 1,502
Type Multi-family
Sub-Type Freehold

Community Information

Address 314 Broadway Avenue A
Subdivision 772 - Broadway
City Welland
Province Ontario
Postal Code L3C5L9

Amenities

Parking Spaces 2
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Vinyl siding

Listing Details

Listing Map

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