5 - 7 Broadway Avenue Unit# 5, Welland (772 - Broadway), Ontario L3C5L2 is For Sale and has a listing price of 1,400,000. The property is located in the Welland South neighbourhood. It's been on the website for 8 Days.
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:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 02/13/2025 | X11973846 | $1,400,000 | For Sale | - | - |
