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51 Lyons Ave

Lyons Ave, Eastdale, Welland, ON, L3B 1L8

6
Beds
5
Baths
2,950
Sq. Ft.
$799,900
List Price
Details
Photos
47
Comparables
History
51 Lyons Ave, Welland, ON - 1 of 3
51 Lyons Ave, Welland, ON - 2 of 3
51 Lyons Ave, Welland, ON - 3 of 3
90 days on market

Quick Summary

  • 5 unit building in fabulous neighborhood near park and shops
  • $52,799 annual net operating income with rent upside potential
  • Fully occupied well maintained units with recent upgrades
  • Newer roof, plumbing, electrical, furnace and exterior paint
  • 4 of 5 units have new vinyl plank floors, 2 have new kitchens
  • Excellent layouts and permitted street parking
  • Super clean units in meticulously kept building
  • Quick highway access in fabulous neighborhood

Turn key money maker !!! - Solid and meticulously kept 5 Unit building located in fabulous neighbourhood close to park, public transit & shops + quick & convenient highway access. Fully occupied w/ NOI of $52,799.86 / year with great upside for future Rents. (Unit#1 (2 Bdrm ) - $1444.66, Unit #2 (1 Bdrm) - $666.84, Unit #3 (1 Bdrm)... Show More

Turn key money maker !!! - Solid and meticulously kept 5 Unit building located in fabulous neighbourhood close to park, public transit & shops + quick & convenient highway access. Fully occupied w/ NOI of $52,799.86 / year with great upside for future Rents. (Unit#1 (2 Bdrm ) - $1444.66, Unit #2 (1 Bdrm) - $666.84, Unit #3 (1 Bdrm) $896.87, Unit #4 (1 Bdrm) $1230, Unit #5 (1 Bdrm) - $1275. Units are super clean - building has newer 40yr roof (2018), updated furnace (2021) , updated copper & ABS plumbing & electrical + windows replaced (2019). Freshly painted stucco exterior + Updates within the units include : 4 of the 5 units have new vinyl plank floors, 2 have new kitchens. All units have excellent layouts + street parking permitted. (id:54626)

Property Details

Size

2,950 sq. ft.
across 2 floors
6 Beds
5 Baths
5 Full

Parking

3 Parking Spaces
-

Lot

Size
540′0″ * 1200′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Stucco
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40565359
Last Updated
May 31, 2024
Brokerage
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
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