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5 - 7 Broadway Avenue

Welland South, Welland, ON, L3C 5L2

-
Beds
-
Baths
12,271
Sq. Ft.
$1,400,000
List Price
Details
Photos
34
Comparables
History
5 - 7 Broadway Avenue, Welland, ON - 1 of 3
5 - 7 Broadway Avenue, Welland, ON - 2 of 3
5 - 7 Broadway Avenue, Welland, ON - 3 of 3
New
9 days on market

Discover this prime investment property offering a remarkable 5.7% cap rate. Featuring seven fully renovated one-bedroom units, all tenanted at or near market rent, this property is the epitome of turnkey convenience. With an impressive 8.1% cash-on-cash return in the first year, its a standout opportunity for savvy investors. This... Show More

Discover this prime investment property offering a remarkable 5.7% cap rate. Featuring seven fully renovated one-bedroom units, all tenanted at or near market rent, this property is the epitome of turnkey convenience. With an impressive 8.1% cash-on-cash return in the first year, its a standout opportunity for savvy investors. This property boasts numerous capital expenditure updates, including newer windows, updated appliances, roof replacements and repairs as needed, newly installed gutters and downspouts, upgraded exterior doors, and a complete rewiring of the electrical system with updated breakers, plus much more! (id:54626)

Property Details

Size

12,271 sq. ft.
0 Beds
0 Baths

Lot

Size
540′0″ * 2170′0″
Acres
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X11973846
Last Updated
February 20, 2025
Brokerage
EXP REALTY
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Call us 800-591-0566

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