5 – 7 Broadway Avenue, Welland, ON L3C 5L2

  • $1,400,000
5 - 7 Broadway Avenue, Welland, ON L3C 5L2
Active For Sale
5 – 7 Broadway Avenue, Welland, ON L3C 5L2
5 - 7 Broadway Avenue, Welland, ON L3C 5L2
  • $1,400,000

Overview

Property ID: HZX11973846
  • Investment, Commercial Sale
  • Property Type
  • 12271
  • Sqft

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!

  • Address 5 - 7 Broadway Avenue
  • City Welland
  • State/county ON
  • Zip/Postal Code L3C 5L2
  • Country CA

Details

Updated on March 29, 2025 at 11:13 pm
  • Property ID: HZX11973846
  • Price: $1,400,000
  • Property Size: 12271 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Utilities: Available
  • Cooling: No
  • County: Niagara
  • Property Type: Commercial Sale

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