Welland, ON L3C5L2 5 - 7 BROADWAY AVENUE

$1,400,000

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Presented By: EXP REALTY
  • MLS# X11973846
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  • SQFT • 12,271

Home Details

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:7434)
Presented By: EXP REALTY

Interior Features for 5 - 7 BROADWAY AVENUE

Other Interior Features

Building Fireplace PresentFalse
Building Heating TypeBaseboard heaters

General for 5 - 7 BROADWAY AVENUE

Building AppliancesStove, Refrigerator
Building TypeMulti-Family
Business Sub TypeApartments
Business TypeResidential
CommunityName772 - Broadway
Location DescriptionBroadway/Semley Ave
Property TypeMulti-family
Zoning DescriptionRL2, NC, CC2

Additional Details

Raj Jhajj

Fraser Valley Real Estate Agent
Price $1,400,000
MLS#X11973846
Property Type Multi-Family
Phone (778) 898-7252
Get pre-approved
Request Tour
Request Info
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