52 LINCOLN Street Active Save Request In-Person Tour Request Virtual Tour
Welland,ON L3C5J1
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $416
Subdivision 769 - Prince Charles
MLS Listing ID 40669651
Bedrooms 8
Originating Board Cornerstone - Hamilton-Burlington
Property Description
If you are searching for a multi- residential units building, the time is here. Wonderfully updated and upgraded building comfortably accommodates 8 ONE BEDROOM UNITS. In 2019 the building was stripped to the studs and new plumbing, and electrical were upgraded in compliance with the health and safety standards. Each unit comes with all new; kitchen, living room, bedroom and 3 pc bathroom. The two laundry units are in the basement, one on each side of the building. Each unit has their own hydro meter. Fully landscaped and well maintained. All units are occupied and have very low vacancy rate. Estimated revenue for 2024 is $110,232. Located at the closest intersection of Prince Charles Drive and Lincoln Street provides easy access to public transportation, shopping malls, Welland canal. Large residential and commercial developments are in the vicinity. Either you chose to live in one unit and rent the rest; or have it all rented out the opportunities are great. This is the property that generates income from a day one! (id:24570)
Location
Province ON
Interior
Heating ,Heat Pump
Cooling Wall unit
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold