A pic from exterior of the house or condo, the front or back of building for 52 Lincoln St, Welland Ontario L3C 5J1
60 days on Market

52 Lincoln St, Welland, Ontario L3C 5J1

Townhouse
-
8
~4200 sqft
$1,749,000
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Townhouse
-
8
~4200 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$416/sqft

Est. Mortgage$7,511/mo

Tax Amount (2024)$5,429/yr

Days On Market60 days


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!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~4200 SqFt
Lot Size7,434 SqFt(118 x 63)
Parking Spaces8
MLS ®Number40669651
Community NameWest Main
Data SourceITSO
Listing byOne Percent Realty Ltd.

Features

Heating: Electric, Heat Pump
Cooling: Wall Unit(s)
Basement: Walk-Up Access, Partial, Unfinished

Features

Lot size: 7,434 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by One Percent Realty Ltd., Brokerage
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Population and Demographics

Overview

Total population 1981
Average household income $85,572

Age (%)

65 and plus
22%
0 to 19
21%
50 to 64
21%
20 to 34
19%
35 to 49
17%

Household composition (%)

Single family
55%
Single person
41%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
88%
French
5%
Others
3%
English and French
2%
Italian
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget