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List Price: $1,400,000

5 - 7 Broadway Avenue, Welland, L3C 5L2

- By EXP REALTY
Investment|MLS - #X11973846|New
Bed
Bath
12271 Sqft.
None Garage

Client Remarks

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!
Property Description

5 - 7 Broadway Avenue, Welland, L3C 5L2

Property type

Investment

Lot size

N/A acres

Style

Approx. Area

12271 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

12271

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

2024

satellite view
Walk around the neighborhood
5 - 7 Broadway Avenue, Welland, L3C 5L2
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 5 - 7 Broadway Avenue

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