215 Broadway AVE Active Save Request In-Person Tour Request Virtual Tour
Welland,ON L3C 5L2
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 772 - Broadway
MLS Listing ID X11994891
Style Bungalow
Bedrooms 9
Building Age 51-99
Annual Tax Amount $2,959
Tax Year 2024
Property Sub-Type Detached
Property Description
Fantastic opportunity for the right person. This former church building offers a very spacious owner occupied rear unit with up to 5 bedrooms. kitchen, diningroom, livingroom, laundry, pantry and 3 pc plus a large patio area and rear parking. The front of the building offers 6 bedrooms, currently rented, each with its own 2 pc washroom. Tenants share a kitchen, livingroom and 3 pc with shower. The owners unit could be divided to make extra money too and the potential for another $3000 or more a month. Updates include roof shingles 2019, two high efficient furnaces 5-6 yrs old and central air. Electric hot water tank is owned, gas one is rented. 600 amp service coming into the building. Some parking. Owner is willing to stay on and rent the rear unit and manage the 6 rooms that are currently rented. ( 5 rooms @ $700/month and 1 room @ $630/month on next increase). Current rental income $46,240 with expenses of property taxes $2930, hydro $4870, gas $3760, rental enercare $540, water $2530. Live in the spacious owners unit and let the tenants pay your bills, including your mortgage!
Location
Province ON
County Niagara
Community 772 - Broadway
Area Niagara
Rooms
Family Room No
Kitchen 2
Interior
Cooling Central Air
Exterior
Exterior Feature Patio
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Building
Foundation Unknown