ON > Welland (broadway) > 772 - Broadway
Welland (broadway), ON L3C5L2,5 - 7 BROADWAY AVENUE
Welland (broadway), ON L3C5L2,5 - 7 BROADWAY AVENUE
Welland (broadway), ON L3C5L2,5 - 7 BROADWAY AVENUE
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Jeremy Deering

Jeremy Deering

+1(506) 471-1781
$1,400,000
Est. payment /mo
12,271 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,271 sqft

Price per Sqft $114

Subdivision 772 - Broadway

MLS® Listing ID X11973846

Originating Board Toronto Regional Real Estate Board

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

Private Pool No

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Jeremy Deering

+1(506) 471-1781

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