215 Broadway Avenue

For Sale
6.68 BTC
215 Broadway Avenue, Welland
215 Broadway Avenue
215 Broadway Avenue
215 Broadway Avenue
215 Broadway Avenue
215 Broadway Avenue
9
BEDROOMS
8
BATHROOMS
2
KITCHENS
16
ROOMS
X11994891
MLSID
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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!
Property Features
Accessory Apartment, Private Double, Smoke Detector, Carbon Monoxide Detectors
Property Details
Property Type
Detached
Lot Size
50' x 130'
Taxes
$2,959 (2024)
Basement
Crawl Space
Exterior
Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
Listing contracted with Royal Lepage Nrc Realty
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