5 - 7 Broadway Ave

Welland | 772 - Broadway | L3C 5L2
  • 12271.0 sqft
  • 0 gar

$1,400,000

Est. Mtg $4,747 /mo
  • Days on market

    50

  • Status

    A

Listing Broker EXP REALTY
Since listed: 0 views

Home details

MLS #:

X11973846

Property type:
Investment
Style:
Taxes:
$12,363
Possession:
TBD
Condo Fee:
Lot Size:
45.0 X 180.9
Zoning:
RL2, NC, CC2
Use:
Apts-6 To 12 Units
Heat:
Baseboard

Description


5 - 7 Broadway Ave, , Welland, Ontario is a Investment property in Welland and in the 772 - Broadway community in the L3C 5L2 postal code


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!.

Extras

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Payment calculator

$5777 monthly. In association with: TD Bank
%
  • Principal and Interest
    4747 /mo
  • Property Taxes
    $1030 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ben Pourkamali, Realtor

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