215 Broadway Avenue Welland, Ontario L3C 5L7

11 Bedroom 8 Bathroom 2,500 - 3,000 sqft
Central Air Conditioning Forced Air

$599,000

This former church building (duplex and/or single family home) offers a very spacious owner occupied rear unit (with 5 bedrooms, kitchen, dining room, living room, laundry, pantry and 3 pc bathroom plus a large patio area) and a front unit with 6 large bedrooms, currently rented, with each bedroom having its own 2 pc washroom (5 rooms @ $700/month and 1 room @ $630/month on next increase). Tenants in the front unit share a kitchen, living room and 3 pc bathroom with shower. The rear owners unit could be rented for an additional $3,000 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 updated electric service. Some parking. Owner is willing to stay on and rent the rear unit and manage the 6 rooms that are currently rented or he can vacate on closing if the buyer wishes. Current rental income $46,240 (in the front unit only) with expenses of property taxes $2930, hydro $4870, gas $3760, rental water heater $540, water $2530. Buyer can live in the beautiful and spacious rear owners unit and let the tenants in the front unit pay the bills including the mortgage! (id:57134)

Property Details

MLS® Number X12932406
Property Type Single Family
Community Name 772 - Broadway
Features In-law Suite
Parking Space Total 2
Structure Patio(s), Shed

Building

Bathroom Total 8
Bedrooms Above Ground 11
Bedrooms Total 11
Age 100+ Years
Appliances Water Meter
Basement Type Crawl Space
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Block, Concrete
Half Bath Total 6
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 2,500 - 3,000 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 130 Ft
Size Frontage 50 Ft
Size Irregular 50 X 130 Ft
Size Total Text 50 X 130 Ft
Zoning Description Rl2, Cc2

https://www.realtor.ca/real-estate/29529460/215-broadway-avenue-welland-broadway-772-broadway

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