Dont miss this great cashflow positive investment opportunity! This meticulously maintained and fully renovated 4-plex features: a spacious upper-level 4-bedroom with an updated kitchen, modern bathroom, and new flooring. The middle unit offers 2 bedrooms, high ceilings, an open-concept kitchen/living room, and a small island. The front unit boasts 2 bedrooms, high ceilings, a large living room with a fireplace mantle, and an updated kitchen. The recently refreshed lower-level unit includes 1 bedroom /1 bath with a spacious open-concept kitchen/living room. Basement also offers coin laundry, management office and separate utility room access. Recent upgrades include new flooring, updated kitchens and bathrooms, new windows, in-floor radiant heat, foundation waterproofing, new plumbing, and soundproofing insulation. The property also includes coin-operated laundry, a partially fenced yard, and parking for up to 5 cars. Potential gross monthly rents of 5800/month. Almost 70,000 annually! this is a prime investment opportunity you don't want to miss! (id:56505)
BusinessType | Residential |
BusinessSubType | Residential |
MLS® Number | H4195616 |
Property Type | Multi-family |
AmenitiesNearBy | Public Transit |
EquipmentType | None |
Features | Park Setting, Park/reserve, Double Width Or More Driveway, Paved Driveway, Laundry- Coin Operated |
ParkingSpaceTotal | 4 |
RentalEquipmentType | None |
Appliances | Dryer, Refrigerator, Stove, Washer & Dryer |
ArchitecturalStyle | 2 Level, Multi-unit |
BasementDevelopment | Finished |
BasementType | Full (finished) |
ConstructedDate | 1995 |
ConstructionStyleAttachment | Detached |
ExteriorFinish | Brick, Stucco, Vinyl Siding |
FireProtection | Smoke Detectors |
FoundationType | Block |
HeatingFuel | Natural Gas |
HeatingType | Radiant Heat |
StoriesTotal | 2 |
SizeExterior | 2536 Sqft |
SizeInterior | 2536 Sqft |
Type | Fourplex |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
LandAmenities | Public Transit |
Sewer | Municipal Sewage System |
SizeDepth | 132 Ft |
SizeFrontage | 41 Ft |
SizeIrregular | 41 X 132 |
SizeTotalText | 41 X 132|under 1/2 Acre |
ZoningDescription | Rm |
https://www.realtor.ca/real-estate/26972819/130-dorothy-street-welland
Contact us for more information
James Maggs
Salesperson
Cam Mccarroll
Broker