$720,000
$749,999
4.0%For more information regarding the value of a property, please contact us for a free consultation.
174 Southworth ST Welland, ON L3B 1Z5
8 Beds
4 Baths
Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12050329
Sold Date 04/18/25
Style 2-Storey
Bedrooms 8
Annual Tax Amount $3,337
Tax Year 2024
Property Sub-Type Fourplex
Property Description
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.
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Zoning RM
Rooms
Family Room No
Basement Partial Basement
Kitchen 4
Interior
Interior Features Water Meter
Cooling None
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 123.0
Lot Depth 171.5
Total Parking Spaces 8
Building
Foundation Poured Concrete
Others
Senior Community No
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