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$1,400,000
Available - For Sale
Listing ID: X11973846
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!
Price $1,400,000
Taxes: $3,730.87
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 5 - 7 Broadway Aven , Welland, L3C 5L2, Niagara
Postal Code: L3C 5L2
Province/State: Niagara
Legal Description: LTS 90-92, PL 969; PT LANE, PL 969 (CLOS
Directions/Cross Streets: Broadway/Semley Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 12,271
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

5 - 7 Broadway Aven , Welland, L3C 5L2, Niagara


 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Welland
Neighbourhood: 772 - Broadway
Style:
Lot Size: x 180.90(Feet)
Approximate Age:
Tax: $3,730.87
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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