ON > Welland > 772 - Broadway
Welland, ON L3C 5L2,5 - 7 Broadway AVE
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Welland, ON L3C 5L2,5 - 7 Broadway AVE
Welland, ON L3C 5L2,5 - 7 Broadway AVE
Welland, ON L3C 5L2,5 - 7 Broadway AVE
Welland, ON L3C 5L2,5 - 7 Broadway AVE
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,400,000
Est. payment /mo
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Active

5 - 7 Broadway AVE Welland, ON L3C 5L2

12,271 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 12,271 sqft

Price per Sqft $114

Subdivision 772 - Broadway

MLS Listing ID X11973846

Annual Tax Amount $3,730

Tax Year 2024

Property Sub-Type Investment

Lot Depth 180.9

Lot Front 45.0

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!

Location

Province ON

County Niagara

Community 772 - Broadway

Area Niagara

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 45.0

Lot Depth 180.9

Listed by EXP REALTY
agent

Jethro Seymour

Broker

+1(416) 712-0767

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5 - 7 Broadway AVE

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