130 Dorothy Street, Welland | Image 1

130 Dorothy Street

Welland

  • Commercial

$774,900
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: RM, RL2

  • Age: 51-99 years

  • Taxes: 4151

  • MLS®#: X8393604

  • Added: May 31, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROCK STAR REAL ESTATE INC.

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!

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Area: Welland

  • Availability Date: Flexible

  • Assessment Amount: $225,000

  • Assessment Year: 2023

Inside

  • Bathrooms: 4

  • Air Conditioning: N

  • Washrooms: 4

Utilities

  • Utilities: No

Building

  • Heat Type: Radiant

  • Freestanding: Y

  • Water Supply: Municipal

  • Amps: 200

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 14, PL 561 N/S DOROTHY ST, AS IN RO710894 ; WELLAND

  • Taxes: $4,151

  • Taxes Type: Annual

Land

  • Cross Street: E Main St > Ross St>

  • Municipality District: Welland

  • Parcel Number: 641060084

  • Lot Depth: 132 Feet

  • Lot Frontage: 41 Feet

  • Zoning: RM, RL2

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/130_dorothy_st_welland_on/

Commercial Specific

  • Total Area: 2306

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Tangible Property Included: Y

  • Lot Code: Lot

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Very Walkable

  • Most errands can be accomplished on foot.
78 /100

Some Transit

  • Most errands require a car.
38 /100

Very Bikeable

  • Most errands can be accomplished on bike.
73 /100
JK-8

St Mary Catholic Elementary School

Elementary: Catholic
1.56 km
JK-8

Ross Public School

Elementary: Public
1.08 km
JK-8

St Andrew Catholic Elementary School

Elementary: Catholic
1.19 km
JK-8

Plymouth Public School

Elementary: Public
1.30 km
JK-8

St Kevin Catholic Elementary School

Elementary: Catholic
0.98 km
JK-8

Princess Elizabeth Public School

Elementary: Public
1.28 km
9-12

École secondaire Confédération

Secondary: Public
1.54 km
9-12

Eastdale Secondary School

Secondary: Public
1.59 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
1.95 km
9-12

Centennial Secondary School

Secondary: Public
2.34 km
9-12

E L Crossley Secondary School

Secondary: Public
8.11 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
0.79 km
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