52 Lincoln Street, Welland, Ontario

$1,749,000

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8

Beds

8

Baths

4,200

Square feet

About 52 Lincoln Street

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:36535)

Features of 52 Lincoln Street

Listing # 40669651
Price $1,749,000
Bedrooms 8
Bathrooms 8.00
Square Footage 4,200
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 52 Lincoln Street
Subdivision 769 - Prince Charles
City Welland
Province Ontario
Postal Code L3C5J1

Amenities

Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Heating Electric Heat Pump
Cooling Wall unit
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Vinyl siding
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of Donna Ross Of One Percent Realty Ltd.

Listing Map