8 Cady Street, Welland | Image 1

8 Cady Street

Welland

  • - bed - bath
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Jun 27, 2023

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 28 x 132 Feet

  • Age: 100+ years

  • Taxes: $2,800 per year

  • Days on Site: 56 Days

  • Added: May 02, 2023 (1 month on market)

  • Updated:

  • Last Checked: 8 hours ago

  • MLS®#: X5929960

  • Listed By: Royal lepage nrc realty

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.

Status

  • Days on Market: 56

  • Last Status: Sold

  • Sold Date: Jun 27, 2023

  • Closed Date: Jul 24, 2023

  • Expiry Date: Sep 01, 2023

  • Sold Price: $517,000

  • Unavailable Date: Jun 28, 2023

  • Input Date: May 02, 2023

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Age: 100+

  • Area: Welland

  • Availability Date: Immed/W Tenant

  • Assessment Amount: $205,000

  • Assessment Year: 2022

Inside

  • Bedrooms: 8

  • Bathrooms: 4

  • Kitchens: 4

  • Rooms: 16

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 4

Building

  • Basement: Part Bsmt

  • Basement 2: Unfinished

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Stucco/Plaster

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Other

  • Garage Type: None

Fees

  • Tax Year: 2022

  • Tax Legal Description: Pt Lt 34 Pl 586 As In Ro268777; T/W Ro268777 ; Wel

  • Taxes: $2,800

Highlights

  • Feature: Other

Land

  • Cross Street: Cady & Duncan

  • Municipality District: Welland

  • Fronting On: North

  • Parcel Number: 641130140

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 132 Feet

  • Lot Frontage: 28 Feet

  • Acres: < .50

  • Zoning: Rm, Rl2

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Car-Dependent

  • Most errands require a car.
45 /100

Some Transit

  • Most errands require a car.
37 /100

Bikeable

  • Some errands can be accomplished on bike.
63 /100
Map of 8 Cady Street, Welland
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