12271 sqft
Baseboard Heaters
$1,400,000
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:51158)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X11973846 |
Property Type
|
Multi-family |
Community Name
|
772 - Broadway |
About 5 - 7 Broadway Avenue, Welland (772 - Broadway), Ontario
This For sale Property is located at 5 - 7 Broadway Avenue Multi-family Multi-Family set in the community of 772 - Broadway, in the City of Welland (772 - Broadway) Multi-family bedroom(s), bath(s) . 5 - 7 Broadway Avenue has Baseboard heaters heating . This house features a Fireplace.
.
This Welland (772 - Broadway) Multi-Family
The Current price for the property located at 5 - 7 Broadway Avenue, Welland (772 - Broadway) is $1,400,000 and was listed on MLS on :2025-02-14 22:03:54
Building
Appliances
|
Refrigerator, Stove |
Heating Type
|
Baseboard Heaters |
Size Interior
|
12271 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
180 Ft ,10 In |
Size Frontage
|
45 Ft |
Size Irregular
|
45 X 180.9 Ft |
Size Total Text
|
45 X 180.9 Ft |
Zoning Description
|
Rl2, Nc, Cc2 |
https://www.realtor.ca/real-estate/27918135/5-7-broadway-avenue-welland-772-broadway-772-broadway