52 LINCOLN Street Welland

52 LINCOLN Street, Welland, Ontario

$1,925,000

  • 4,200 Square Feet

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:23309)

  • Listing ID: H4196369
  • Property Type: Multi-family

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Details

  • Architectural Style: 2 Level, Multi-Unit
  • Equipment: None
  • Features: Paved driveway, Laundry- Coin operated
  • Parking Spaces: 8
  • Rental Equipment: None
  • Transaction: For sale

Building

  • Appliances: Dryer, Stove, Washer
  • Architectural Style: 2 Level, Multi-Unit
  • BasementType: Partial (Partially finished)
  • Basement Development: Partially finished
  • Construction Style Attachment: Detached
  • Cooling: Wall unit
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Poured Concrete
  • Heating Fuel: Electric
  • Size Exterior: 4200 sqft
  • Size Interior: 4200 sqft
  • Stories Total: 2
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Sewer: Municipal sewage system
  • Size Frontage: 63 ft
  • Size Irregular: 63 x 118
MLS®

Listing provided by One Percent Realty Ltd.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 52 LINCOLN Street in Welland Ontario, was last modified on June 6th, 2024. Contact the Ken & Bonnie Rossiter Team to schedule a viewing or to find other properties for sale in Welland.

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