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! . 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! (id:52316)
ROYAL LEPAGE NRC REALTY
$695,000
215 BROADWAY AVENUE, Welland, Ontario
9 Bedrooms
8 Bathrooms
2500 Sqft
Property
MLS® Number: X11994891
Address: 215 BROADWAY AVENUE
City: Welland
Style: Bungalow
Exterior: Aluminum siding
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 2
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Property Sale History
Travel and Neighbourhood
34/100Walk Score®
Car-Dependent
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Location
