314 Broadway Street, Welland - $494,900 | Modern Solution Realty

314 Broadway Street

314 Broadway Street, Welland

314 Broadway Street in Welland - 3 bedroom, 2 bathroom. Listed at $494,900.

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!

Property Details

  • Property Type: Mortgage
  • Style: Bungalow
  • Square Footage: 900 sqft
  • Basement: Separate Entrance
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 2 spaces
  • Property Taxes: $2,776/yr
  • Neighbourhood: 772 - Broadway
  • Postal Code: L3C 5L9

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