Dharm Gill Realtor


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52 Lincoln Street Welland, Ontario L3C 5J1

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Donna Ross
Salesperson


One Percent Realty Ltd.
177 West 23rd Street
Hamilton, Ontario L9C 4V8

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8 Bedroom 8 Bathroom 4200 sqft
Wall Unit Heat Pump

$1,749,000

Meticulous 8 unit multiplex building. In year 2019 the building was completely remodelled and renovated from the foundation to the roof. New plumbing, and electrical were upgraded in compliance with the health and safety standards. This Eightplex comes with all new; 8 kitchens, 8 living rooms, 8 bedrooms and 8 full bathrooms. The two laundry units are in the basement, one on each end. Each unit has their own hydro meter. Fully landscaped and well maintained. All units are occupied and have very low vacancy rate. 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 endless. This is a great opportunity to own well maintained building with a great income and low operating cost. (id:58576)

Property Details

MLS® Number 40669651
Property Type Multi-family
CommunityFeatures High Traffic Area
ParkingSpaceTotal 8

Building

BathroomTotal 8
BedroomsTotal 8
BasementDevelopment Unfinished
BasementType Partial (unfinished)
CoolingType Wall Unit
ExteriorFinish Vinyl Siding
FoundationType Poured Concrete
HeatingFuel Electric
HeatingType Heat Pump
StoriesTotal 2
SizeInterior 4200 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 118 Ft
SizeFrontage 63 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Ins1, Rm

https://www.realtor.ca/real-estate/27585958/52-lincoln-street-welland