308 BROADWAY STREET, Welland, Ontario
$579,000
- 2,300 Square Feet
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** Financials Attached** (id:23309)
- Listing ID: X12106614
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Brad Sauve would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Brad Sauve, who specializes in Welland real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Brad Sauve find a property to match your lifestyle.
Listing provided by RIGHT AT HOME REALTY, BROKERAGE
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 308 BROADWAY STREET in Welland Ontario. It was last modified on April 26th, 2025. Contact Brad Sauve to schedule a viewing or to discover other Welland real estate for sale.