52 Lincoln Street Welland, Ontario L3C 5J1
$1,925,000
Calling all investors! This apartment building has 8 one bedroom units. It was fully remodeled in 2019. All stripped to the studs and upgraded with new plumbing, electrical and complies with safety regulations. Fully landscaped and well maintained. All units are occupied with a very low vacancy rate. Estimated revenue for 2024 is $ 110,232. Each unit with kitchen, living room, one bedroom and 3 pc bathroom. The two laundry units are in the basement, on each side of the building. Each unit has their own hydro meter. Located at the 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. This is the property that generates income from day one! (id:27910)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | H4196369 |
| Property Type | Multi-family |
| Equipment Type | None |
| Features | Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 8 |
| Rental Equipment Type | None |
Building
| Appliances | Dryer, Stove, Washer |
| Architectural Style | 2 Level, Multi-unit |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Wall Unit |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Stories Total | 2 |
| Size Exterior | 4200 Sqft |
| Size Interior | 4200 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 118 Ft |
| Size Frontage | 63 Ft |
| Size Irregular | 63 X 118 |
| Size Total Text | 63 X 118|under 1/2 Acre |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 06 2024 04:20:14
REALTORS® Association of Hamilton-Burlington
One Percent Realty Ltd.