52 LINCOLN Street new

Welland,ON L3C5J1

$ 1749000

8 Beds

8 Baths

4200 SqFt


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

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

Garage No

Community Features High Traffic Area

Waterfront No

View Y/N No

Building

Story 2

Sewer Municipal sewage system

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