Space
Finished area and layout
- Living Area
- 1,502 sqft
- Above Grade
- 762 sqft (Other)
- Below Grade
- 740 sqft (Other)
- Finished Breakdown
- Above 762 sqft + Below 740 sqft
- Bedrooms
- 3
- Bathrooms
- 2
3
Bedrooms
2
Bathrooms
1,502 sqft
Living Area
36.0 feet frontage
Lot
2
Parking
Property Snapshot
Key details for this listing
MLS #40844483
Property
Type, style and structure
About This Property
This 3-bedroom, 2-bathroom multi-family in Welland offers 1,502 sqft of living area on a 36.0 feet frontage lot. 1 storey. The home features forced air, natural gas heating, central air conditioning, a finished, full basement.
MLS Remarks
Two Opportunities Here! Home Ownership May Have Just Got More Affordable... OPTION ONE. Live in one, rent the other. Not just for investors, this is an ideal first home or house-hack opportunity. Live on the main floor and let the lower unit's rent help pay your mortgage. As an owner-occupant, you may also qualify for a lower down payment than a pure investment purchase. When you're ready to move on, keep it as a fully rented income property.Steps from local amenities, the dog park and the Welland Recreational Canal trail system, it's a prime, high-demand rental location that tenants and owners will love. OPTION TWO. Turn-Key Duplex in the Heart of Welland! This extensively renovated duplex at 314 Broadway Avenue is a completely hands-off, high-yield addition to any portfolio. It offers a strong 5.8% cap rate and needs zero capital expenditure, so you can simply start collecting.The main floor unit has a bright, spacious 2-bedroom layout with a potential 3rd bedroom. The lower level is a fully finished 1-bedroom unit. Both units have been modernized from top to bottom, with contemporary finishes, updated kitchens and pristine baths. (id:60351)
Full Listing Details
Address314 BROADWAY Avenue A
MLS#40844483
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market115
Common InterestFreehold
Annual Tax$2,776
Parking2
Structure TypeDuplex
AttachedAttached
StyleMultiplex
Bedrooms3
Bathrooms2
Living Area1,502 sqft
Above Grade Area762 sqft (Other)
Below Grade Area740 sqft (Other)
Stories1
CityWelland
ProvinceOntario
Postal CodeL3C5L9
Subdivision772 - Broadway
Frontage36.0 feet
Zoning DetailsRL2
Total Parking2
HeatingForced air, Natural gas
CoolingCentral air conditioning
BasementFinished, Full
ExteriorVinyl siding
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$2,776
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