Welland, ON L3C 5J1,52 Lincoln Street
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Welland, ON L3C 5J1,52 Lincoln Street
Welland, ON L3C 5J1,52 Lincoln Street
Welland, ON L3C 5J1,52 Lincoln Street
Welland, ON L3C 5J1,52 Lincoln Street
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Listed by Donna Ross • One Percent Realty Ltd.
$ 1,749,000
Est. payment /mo
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52 Lincoln Street Welland, ON L3C 5J1

8 Beds

8 Baths

4,200 SqFt


UPDATED:

10/27/2024 04:07 AM

Key Details

Property Type Multi-Family

Sub Type Multi-6-9 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $416

MLS Listing ID 40669651

Bedrooms 8

Abv Grd Liv Area 4,200

Originating Board Hamilton - Burlington

Annual Tax Amount $5,429

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!

Location

Province ON

County Niagara

Area Welland

Zoning INS1, RM

Direction Prince CHarles to Lincoln Street

Rooms

Basement Walk-Up Access, Partial, Unfinished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Electric, Heat Pump

Cooling Wall Unit(s)

Fireplace No

Appliance Hot Water Tank Owned, Dryer, Refrigerator, Stove, Washer

Laundry Shared

Exterior

Waterfront No

Roof Type Asphalt Shing

Lot Frontage 63.0

Lot Depth 118.0

Garage No

Building

Lot Description High Traffic Area

Faces Prince CHarles to Lincoln Street

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 641020239

Ownership Freehold/None


Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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52 Lincoln Street