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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:58671)
MLS® Number | 40669651 |
Property Type | Multi-family |
CommunityFeatures | High Traffic Area |
ParkingSpaceTotal | 8 |
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 |
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
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