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308 Broadway Street

Welland, L3C 5L9
6 Beds
4 Bath
2500-3000 sqft

$579,000

Est. Payment
$2,211/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by RIGHT AT HOME REALTY, BROKERAGE
TriplexMLS #X12105472New

Price comparison with similar homes in Welland

Compared to 1 similar home
-12.3% Lower
Market Avg. of (1 similar homes)
$659,900

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Client Remarks

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**

About This Property

308 Broadway Street, Welland, L3C 5L9

Property Type
Triplex
Lot Size
N/A
Style
2-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Partially Finished, Full
Building Size
N/A
Status
In-Active
Property Type
Triplex
Maintenance Fee
N/A
Year Built
2024
satellite view
Walk around the neighborhood
308 Broadway Street, Welland, L3C 5L9
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 308 Broadway Street

Default Agent

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