3 Beds
2 Baths
762 SqFt
3 Beds
2 Baths
762 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 762 sqft
Price per Sqft $590
MLS Listing ID 40844483
Bedrooms 3
Abv Grd Liv Area 1,502
Annual Tax Amount $2,776
Property Sub-Type Duplex Up/Down
Source Cornerstone
Property Description
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.
Location
Province ON
County Niagara
Area Welland
Zoning RL2
Rooms
Basement Separate Entrance, Full, Finished
Kitchen 0
Interior
Interior Features Accessory Apartment
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Dryer, Refrigerator, Stove, Washer
Laundry In-Suite
Exterior
Roof Type Asphalt Shing
Lot Frontage 36.42
Garage No
Building
Lot Description Hospital, Place of Worship, Public Parking, Public Transit, Schools, Shopping Nearby
Story 1
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 1
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 644390211
Ownership Freehold/None
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