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$ 550,000

174 Southworth Street N, Welland, ON, L3B 1Z5

Listing ID# 30582098
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RE/MAX Collection

$ 550,000

  • 174 Southworth Street N
    Welland, ON L3B 1Z5
  • Listing ID 30582098
  • Building Type: Multi-Family
  • Building Style: 2 Storey
  • Space: 2335 sq ft
  • Status: For Sale/Active
  • Days on Market: 91
  • Basements: Unfinished, Partial Basement
  • Parking Type: Other
  • Garage Type: None
  • Gas: Electric,Gas
  • Heating: Baseboard
  • Occupancy: Tenant
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Property Description

Extremely well maintained, solid 4 unit property. Fully tenanted with long term tenants. This property has tons of upside potential. Due to long term tenants, current rents are below market value. This property features four 2 bedroom apartments in great condition. Each unit is separately metered but owner currently pays hydro. Vinyl windows updated approx 2005. Roof shingles replaced approx 2007. Hot water boiler & 2 hot water tanks owned are approx 8 years old. This property is slated to be zoned RM once Welland's new zoning by-law is passed offering great future 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 6 to 8 cars. Maybe potential for severance. Buyer to do due diligence. This is an amazing investment opportunity to get a great building with many future possibilities.




Demographics

Plymouth Cordage Heritage District Property Overview
66%Own 34%Rent
  • Detached 1,113
  • Duplex 141
  • Semi-Det. 74
  • Low-Rise 42
$ 175 k

Average Home Price in Plymouth Cordage Heritage District

61 years

Average home age in Plymouth Cordage Heritage District

Household Size
1,106One-family 628Non-family 18Multi-family
Household size (# people)
  • 1649
  • 2580
  • 3270
  • 4-5224
  • 6+30
Household Income in Plymouth Cordage Heritage District
83.6%Employed 13%Unemployed 3.3%Self-Employed
  • Blue Collar 1,322
  • White Collar 698
$ 52 k

Average income

43 years

Average age

Education
  • Certificate, diploma, degree 3,467
  • High School 1,835
  • No Certificate 1,738
  • College 850
  • Apprenticeship 522
Marital Status in Plymouth Cordage Heritage District
37%Married 35%Single 28%Other
Age groups
  • 0-1920%
  • 20-2913%
  • 30-4927%
  • 50+39%

Points of interest and Comparables - Plymouth Cordage Heritage District

top

$151,543*

average price

+20.16%

market trend

* - average price based on 21 comparable properties in the neighbourhood
# date listed bed/bath
1 9/16/2017 $249,800 3/1
2 $200,000 2/1
3 $169,900 3/1
4 $172,000
5 7/8/2017 $249,000
6 $400,000
7 7/6/2017 $274,900 4/3
8 $449,900
9 $399,900
10 9/1/2017 $189,900 6/2
261 CARDINAL Crescent, Welland, ON
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261 CARDINAL Crescent
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$534,900
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  • 3 ba
  • 6
  • 5 schools
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Lot 30 Laurent Avenue, Welland, ON
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$594,900
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  • 3 ba
  • 10
  • 1800 sq ft
19 Chapel Hill Crescent, Welland, ON
House
19 Chapel Hill Crescent
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$469,000
  • 5 bd
  • 3 ba
  • 1731 sq ft
  • 5 schools
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18 Kathy Court, Fonthill, ON
RE/MAX Collection
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18 Kathy Court
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$529,900
  • 4 bd
  • 2 ba
  • 1200 sq ft
  • 4 schools
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3-5 Cola Street, Welland, ON
RE/MAX Collection
Single Family
3-5 Cola Street
Welland
Listing courtesy of RE/MAX WELLAND REALTY LTD.
$579,900
  • 4 bd
  • 4 ba
  • 1950 sq ft
  • 5 schools
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571 Moyer Road, Port Robinson, ON
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571 Moyer Road
Port Robinson
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$499,500
  • 2 bd
  • 2 ba
  • 1375 sq ft
  • 4 schools
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44 Green Meadow Crescent, Welland, ON
Price change
Single Family
44 Green Meadow Crescent
Welland
Listing courtesy of RE/MAX GARDEN CITY REALTY INC.
$609,900
  • 3 bd
  • 2 + 2 ba
  • 2092 sq ft
  • 5 schools
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145 Michelle Court, Welland, ON
Single Family
145 Michelle Court
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Listing courtesy of RE/MAX WELLAND REALTY LTD.
$489,900
  • 3 bd
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  • 5 schools
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25 Spruceside Crescent, Fonthill, ON
New
Single Family
25 Spruceside Crescent
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Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$509,000
  • 4 bd
  • 1 ba
  • 1010 sq ft
  • 4 schools
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8 MICHAELA Crescent, Fonthill, ON
House
8 MICHAELA Crescent
Fonthill
Listing courtesy of COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
$569,900
  • 4 bd
  • 2 ba
  • 12
  • 2073 sq ft
  • 4 schools
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Lot 20 Laurent Avenue, Welland, ON
Open house
House
Lot 20 Laurent Avenue
Welland
Listing courtesy of MCGARR REALTY CORP, BROKERAGE
$524,500
  • 3 bd
  • 3 ba
  • 10
  • 1585 sq ft
LOT 107 Lametti Drive, Fonthill, ON
RE/MAX Collection
Single Family
LOT 107 Lametti Drive
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Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$557,900
  • 3 bd
  • 2 ba
  • 1596 sq ft
  • 4 schools
1072 CHIPPAWA Road, Port Colborne, ON
House
1072 CHIPPAWA Road
Port Colborne
Listing courtesy of COMFREE COMMONSENSE NETWORK
$599,000
  • 3 + 2 bd
  • 2 ba
  • 8
  • 5 schools
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LOT 104 Lametti Drive, Fonthill, ON
RE/MAX Collection
Single Family
LOT 104 Lametti Drive
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Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$610,500
  • 3 bd
  • 2 + 1 ba
  • 2193 sq ft
  • 4 schools
2 Meadowlark Drive, Port Colborne, ON
Single Family
2 Meadowlark Drive
Port Colborne
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$580,000
  • 4 bd
  • 2 + 1 ba
  • 1772 sq ft
  • 5 schools
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15 Woodside Square, Fonthill, ON
Price change
Single Family
15 Woodside Square
Fonthill
Listing courtesy of RE/MAX GARDEN CITY REALTY INC.
$568,800
  • 5 bd
  • 3 + 1 ba
  • 2810 sq ft
  • 4 schools
Add to favourites
650 SUMBLER Road, Pelham, ON
House
650 SUMBLER Road
Pelham
Listing courtesy of COMFREE COMMONSENSE NETWORK
$609,900
  • 2 + 2 bd
  • 1 ba
  • 12
  • 5 schools
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22 CHARLOTTE Court, Welland, ON
House
22 CHARLOTTE Court
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Listing courtesy of Sutton Group About Town Realty Inc.
$525,000
  • 4 bd
  • 2 ba
  • 6
  • 5 schools
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3 COLLEGE PARK Drive, Welland, ON
House
3 COLLEGE PARK Drive
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Listing courtesy of Right At Home Realty Inc., Brokerage
$519,900
  • 4 + 3 bd
  • 2 ba
  • 9
  • 1450 sq ft
  • 5 schools
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Lot 44 RILEY Avenue, Pelham, ON
House
Lot 44 RILEY Avenue
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Listing courtesy of HOMELIFE SILVERCITY REALTY INC.
$599,900
  • 4 bd
  • 3 ba
  • 8
  • 4 schools
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Lot 22 Laurent Avenue, Welland, ON
Open house
House
Lot 22 Laurent Avenue
Welland
Listing courtesy of MCGARR REALTY CORP, BROKERAGE
$614,900
  • 4 bd
  • 3 ba
  • 14
  • 2100 sq ft
320 EMPRESS Avenue, Welland, ON
House
320 EMPRESS Avenue
Welland
Listing courtesy of COMFREE COMMONSENSE NETWORK
$559,900
  • 3 bd
  • 4 ba
  • 8
  • 7 schools
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5 Burton Avenue, Fonthill, ON
RE/MAX Collection
Single Family
5 Burton Avenue
Fonthill
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$574,900
  • 4 bd
  • 2 ba
  • 1465 sq ft
  • 4 schools
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51270 Tunnacliffe Road, Wainfleet, ON
RE/MAX Collection
Single Family
51270 Tunnacliffe Road
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Listing courtesy of RE/MAX GARDEN CITY REALTY INC.
$529,000
  • 3 bd
  • 2 + 1 ba
  • 1400 sq ft
  • 4 schools
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232 -236 EAST MAIN Street, Welland, ON
Multi-Family
232 -236 EAST MAIN Street
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Listing courtesy of PEAK PERFORMERS REALTY INC.BROKERAGE
$549,000
  • 9482 sq ft
  • 5 schools
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3 COLLEGE PARK Drive, Welland, ON
Duplex
3 COLLEGE PARK Drive
Welland
Listing courtesy of Right At Home Realty Inc., Brokerage
$519,900
  • 1450 sq ft
  • 5 schools
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39 COLLEGE PARK Drive, Welland, ON
House
39 COLLEGE PARK Drive
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Listing courtesy of PEAK PERFORMERS REALTY INC.BROKERAGE
$524,900
  • 4 + 1 bd
  • 4 ba
  • 16
  • 2314 sq ft
  • 5 schools
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340 KINGSWAY Street, Welland, ON
House
340 KINGSWAY Street
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Listing courtesy of PEAK PERFORMERS REALTY INC.BROKERAGE
$539,900
  • 4 + 1 bd
  • 3 ba
  • 14
  • 2582 sq ft
  • 5 schools
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7 CHERRY Avenue, Pelham, ON
House
7 CHERRY Avenue
Pelham
Listing courtesy of AIMHOME REALTY INC.
$478,000
  • 3 bd
  • 2 ba
  • 10
  • 4 schools
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92 Aaron Trail, Welland, ON
RE/MAX Collection
Single Family
92 Aaron Trail
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Listing courtesy of RE/MAX GARDEN CITY REALTY INC.
$545,900
  • 3 bd
  • 2 ba
  • 1320 sq ft
  • 5 schools
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75 Morris Trail, Welland, ON
Single Family
75 Morris Trail
Welland
Listing courtesy of RE/MAX REALTY ENTERPRISES INC.
$499,888
  • 3 bd
  • 1 ba
  • 1294 sq ft
  • 5 schools
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1387 Station Street, Fonthill, ON
Single Family
1387 Station Street
Fonthill
Listing courtesy of RE/MAX GARDEN CITY REALTY INC.
$495,000
  • 5 bd
  • 2 ba
  • 1148 sq ft
  • 4 schools
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1410 Haist Street, Fonthill, ON
Single Family
1410 Haist Street
Fonthill
Listing courtesy of RE/MAX GARDEN CITY REALTY INC.
$484,900
  • 3 bd
  • 1 ba
  • 1850 sq ft
  • 4 schools
Add to favourites
51237 Lambert Road, Wainfleet, ON
RE/MAX Collection
Single Family
51237 Lambert Road
Wainfleet
Listing courtesy of RE/MAX GARDEN CITY REALTY INC.
$504,900
  • 3 bd
  • 2 + 1 ba
  • 1400 sq ft
  • 4 schools
Add to favourites
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12 Chaplin Avenue, St Catharines, ON
New
Single Family
12 Chaplin Avenue
St Catharines
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$412,000
  • 5 bd
  • 2 ba
  • 2083 sq ft
  • 5 schools
Add to favourites
3283 Kenwood Court, Niagara Falls, ON
Single Family
3283 Kenwood Court
Niagara Falls
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$405,900
  • 3 bd
  • 2 ba
  • 1049 sq ft
  • 5 schools
Add to favourites
22A Corbett Avenue, St. Catharines, ON
RE/MAX Collection
Single Family
22A Corbett Avenue
St. Catharines
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$719,900
  • 3 bd
  • 2 + 1 ba
  • 1580 sq ft
  • 5 schools
Add to favourites
71 Bridge Street, Thorold, ON
Single Family
71 Bridge Street
Thorold
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$239,900
  • 4 bd
  • 1 ba
  • 1792 sq ft
  • 4 schools
Add to favourites
4446 Concession 4 Road, St. Anns, ON
RE/MAX Collection
Single Family
4446 Concession 4 Road
St. Anns
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$599,900
  • 6 bd
  • 1 + 1 ba
  • 1910 sq ft
  • 3 schools
Add to favourites
174 Southworth Street, Welland, ON
RE/MAX Collection
Multi-Family
174 Southworth Street
Welland
Listing courtesy of RE/MAX NIAGARA REALTY LTD.
$550,000
  • 2335 sq ft
  • 8 schools
Add to favourites
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