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52 Lincoln St

Lincoln St, West Main, Welland, ON, L3C 5J1

8
Beds
8
Baths
4,200
Sq. Ft.
$1,749,000
List Price
Details
Photos
20
Comparables
History
52 Lincoln St, Welland, ON - 1 of 3
52 Lincoln St, Welland, ON - 2 of 3
52 Lincoln St, Welland, ON - 3 of 3
57 days on market

Quick Summary

  • Fully upgraded multi-residential building
  • Accommodates 8 one-bedroom units
  • Newly renovated plumbing and electrical
  • Fully landscaped and well-maintained
  • Low vacancy rate with occupied units
  • Estimated annual revenue of $110,232
  • Convenient location near public transit
  • Opportunities for owner-occupancy or investment

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... Show More

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:54626)

Property Details

Size

4,200 sq. ft.
across 2 floors
8 Beds
8 Baths
8 Full

Parking

8 Parking Spaces
-

Lot

Size
756′0″ * 1416′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Vinyl siding
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Heat Pump
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40669651
Last Updated
October 31, 2024
Brokerage
One Percent Realty Ltd.
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Call us 800-591-0566

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