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Home ON St. Catharines - Niagara Welland West Main
52 LINCOLN Street
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52 LINCOLN Street $1,749,000
$1,749,000
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52 LINCOLN Street
Welland, Ontario L3C5J1

MLS® Number: 40669651
8
Bedrooms
8
Bathrooms
4200
Square Feet

Listing 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! (68255609)

Location Description

Prince CHarles to Lincoln Street

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
4200 sqft
Subdivision Name
769 - Prince Charles
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$5,429
Total Parking Spaces
8
Time on REALTOR.ca
9 days

Building

Bathrooms
Total
8
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Foundation Type
Poured Concrete
Total Units
8
Heating & Cooling
Cooling
Wall unit
Heating Type
(Electric), Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Community Features
High Traffic Area
Parking
Total Parking Spaces
8

Measurements

Square Footage
4200 sqft
Above Grade Finished
4200 sqft
Source: Other

Land

Lot Features
Frontage
63 ft
Land Depth
118 ft
Other Property Information
Zoning Description
INS1, RM
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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