52 LINCOLN Street, Welland, Ontario
$1,749,000
- 8 Beds
- 8 Baths
- 4,200 Square Feet
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:23309)
- Listing ID: 40669651
- Property Type: Multi-family
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Listing provided by One Percent Realty Ltd.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 52 LINCOLN Street in Welland Ontario. It was last modified on October 26th, 2024. Contact Robert Bumelis to schedule a viewing or to discover other Welland real estate for sale.