Extremely well maintained, solid 4 unit property. This property has tons of upside potential. Fully tenanted with long term tenants. Due to long term tenants, some rents are below market value. This property features four 2 bedroom apartments in great condition. Every apartment has had a completely renovated 4-piece bath. All units are separately metered but owner currently pays hydro. Vinyl windows updated approx 2005. Roof shingles replaced approx 2010 as well as all vinyl siding. New hot water boiler 2021. New appliances in all units. This property zoned RM which offers great potential allowing for additional units to be added on to existing building or also allowing for townhouse, condo tower or apartment building. This building currently sits on a large lot and has parking for 8 cars. Possible potential for severance. |
Price | $749,999 |
Taxes: | $3337.00 |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 174 Southworth Stre , Welland, L3B 1Z5, Niagara |
Directions/Cross Streets: | Southworth Street and Ontario Road |
Rooms: | 24 |
Bedrooms: | 8 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Partial Base |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Vinyl Siding |
Garage Type: | None |
Drive Parking Spaces: | 8 |
Pool: | None |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Baseboard |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX NIAGARA REALTY LTD, BROKERAGE |
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Type: | Freehold - Fourplex |
Area: | Niagara |
Municipality: | Welland |
Neighbourhood: | 773 - Lincoln/Crowland |
Style: | 2-Storey |
Lot Size: | x 171.50(Feet) |
Approximate Age: | |
Tax: | $3,337 |
Maintenance Fee: | $0 |
Beds: | 8 |
Baths: | 4 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |