8 Cady Street, Welland, ON, L3B 4B6
8 Cady is a fully occupied 4 unit apartment building. Each unit hosts 2 bedrooms & 1 bathroom. Each unit has their own hydro bill, no gas in the building! Each unit is heated with electric baseboard which the tenants pay for (one unit has hydro including as grandfathered in). Lots of updates here over the last 10-15 years including: dun-rite double hung vinyl windows; water proofing the basement; updating panel to 100 amp service with each unit having their own pony panel & owned hot water tanks; the sewer & water lines into the property and passing recent fire inspection (1-2 years ago) with no outstanding orders. One tenant has storage in the basement as access is within her unit, the other 3 tenants have private storage cubbys in the backyard. The property is landscaped with beautiful gardens and decks. Parking is on the street only. Huge potential in this building with future rents. Gross rent annually currently: $35,328.
RE/MAX Country Classics Ltd. Brokerage - Northbrook
- Property Address: 8 Cady Street, Welland, ON, L3B 4B6
- Property Type: Residential Income
- Zoning Description: RM, RL2
- Sewage Type: Sewer (Municipal)
- Water Type: Municipal
- Driveway: Street Parking Only, Street Parking Only
- Waterfront Type: false
- Maintenance Fee: 0.00
- Storeys: 2
- Building Age: 1920
- Bedrooms: 8
- Bathrooms: 4-Total
- Basement Type: Partial, Unfinished
- Cooling: None
- Exterior Type: Stucco
- Appliances Included: Refrigerator, Stove
- Structures: Multi-4 Unit
- Ceiling Fan(s)
Listing Office: ROYAL LEPAGE NRC REALTY
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