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Home ON St. Catharines - Niagara Welland West Main
52 LINCOLN Street
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52 LINCOLN Street $1,925,000
$1,925,000
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52 LINCOLN Street
Welland, Ontario L3C5J1

MLS® Number: H4196369

Listing Description

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! (31198345)

Location Description

URBAN

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
2
Land Size
63 x 118|under 1/2 acre
Annual Property Taxes
$5,429
Parking Type
No Garage
Time on REALTOR.ca
29 days

Building

Interior Features
Appliances Included
Dryer, Stove, Washer
Basement Type
Partial (Partially finished)
Building Features
Features
Paved driveway, Laundry- Coin operated
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
2 Level, Multi-Unit
Fire Protection
Smoke Detectors
Rental Equipment
None
Total Units
8
Heating & Cooling
Cooling
Wall unit
Heating Type
(Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Business
Business Type
Residential (Residential)
Parking
Parking Type
No Garage
Total Parking Spaces
8

Measurements

Square Footage
4200 sqft
Exterior Building Size
4200 sqft

Land

Lot Features
Frontage
63 ft
Land Depth
118 ft
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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