52 Lincoln Street Welland, Ontario L3C 5J1
$1,749,000
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:57134)
Property Details
| MLS® Number | 40669651 |
| Property Type | Multi-family |
| CommunityFeatures | High Traffic Area |
| ParkingSpaceTotal | 8 |
Building
| BathroomTotal | 8 |
| BedroomsTotal | 8 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| CoolingType | Wall Unit |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingFuel | Electric |
| HeatingType | Heat Pump |
| StoriesTotal | 2 |
| SizeInterior | 4200 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 118 Ft |
| SizeFrontage | 63 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Ins1, Rm |
https://www.realtor.ca/real-estate/27585958/52-lincoln-street-welland
177 West 23rd Street
Hamilton, Ontario L9C 4V8
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®)
October 31 2024 02:47:36
REALTORS® Association of Hamilton-Burlington
One Percent Realty Ltd.