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$1,749,000
Status: For Sale
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 Type | :Residential Income |
|---|---|
| MLS Number | :40669651 |
| Listing Type | :Sale |
| Property Age | :51-99 Years years |
| Possession Date | : |
| Last Updated | :27 Oct, 2024 (5 Days ago) |
| Source | :Hamilton - Burlington |
| Area | :Niagara |
|---|---|
| City | :Welland |
| Area Major | :Welland |
| Area Minor | :769 - Prince Charles |
| Postal Code | :
L3C 5J1
|
| Directions | :Prince CHarles to Lincoln Street |
| Price | : $1,749,000 |
|---|---|
| Property Taxes | :$5429 |
| Tax Year | :2024 |
|---|
| Bedrooms | :8 + |
|---|---|
| Air Conditioning | :Wall Unit(s) |
| Heating | :Electric |
| Place of Worship | :No |
| Bathrooms | :8 |
|---|---|
| Approx Square Footage | :4200 sqft |
| Parking Space | :8 |
|---|---|
| Basement | :Walk-Up Access |
27 Oct, 2024
TREB #40669651
Listed
$1749000
