ON > Welland (broadway) > 772 - Broadway
Welland (broadway), ON L3C5L9,308 BROADWAY STREET
Welland (broadway), ON L3C5L9,308 BROADWAY STREET
Welland (broadway), ON L3C5L9,308 BROADWAY STREET
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$579,000
Est. payment /mo
6 Beds
4 Baths
2,500 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $231

Subdivision 772 - Broadway

MLS® Listing ID X12105472

Bedrooms 6

Source Toronto Regional Real Estate Board

Property Description

ATTENTION all Investors! Welcome to 308 Broadway, a rare and versatile multi-residential triplex in the thriving city of Welland. This unique property is zoned for both commercial and residential use, offering unmatched flexibility and potential for investors, entrepreneurs, or owner-occupiers looking to capitalize on a growing market. The main floor features a spacious and bright 2-bedroom unit, complete with a private entrance and in-suite laundry hookups perfect for comfortable living or a professional office setup. Upstairs, the second level offers two well-appointed 2-bedroom apartments, each filled with natural light and classic character, providing desirable rental options for tenants. The basement adds even more value, with a bathroom and plumbing already in place, offering potential to be converted into a fourth legal unit a rare and exciting opportunity to increase rental income and overall property value. Additional highlights include, High-efficiency boiler and water heaters all owned, Rear parking plus street parking available, Cap rate of 6.6%, prime central location with easy access to highways, public transit, and nearby amenities. Whether you're an experienced investor or new to real estate, this property is a smart addition to your portfolio. With solid income potential, mixed-use zoning, and expansion possibilities, 308 Broadway stands out as a truly unique and rewarding opportunity in one of Niagara's most promising cities. **Property is Tenanted** (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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