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:56248)
Business
| BusinessType | Residential |
| BusinessSubType | Residential |
Property Details
| MLS® Number | H4196369 |
| Property Type | Multi-family |
| EquipmentType | None |
| Features | Paved Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 8 |
| RentalEquipmentType | None |
Building
| Appliances | Dryer, Stove, Washer |
| ArchitecturalStyle | 2 Level, Multi-unit |
| BasementDevelopment | Partially Finished |
| BasementType | Partial (partially Finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Wall Unit |
| ExteriorFinish | Vinyl Siding |
| FireProtection | Smoke Detectors |
| FoundationType | Poured Concrete |
| HeatingFuel | Electric |
| StoriesTotal | 2 |
| SizeExterior | 4200 Sqft |
| SizeInterior | 4200 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 118 Ft |
| SizeFrontage | 63 Ft |
| SizeIrregular | 63 X 118 |
| SizeTotalText | 63 X 118|under 1/2 Acre |
https://www.realtor.ca/real-estate/27001976/52-lincoln-street-welland
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June 06 2024 04:20:14
REALTORS® Association of Hamilton-Burlington
One Percent Realty Ltd.