227 Lincoln Street, Welland, ON

About 227 Lincoln Street

Two Unit Investment property with great long term tenants. Ideal to start or expand your Real Estate portfolio. Unit One- The Main Floor (occupies main floor and lower floor). It is accessed through the rear. 1 bedroom with a well-equipped kitchen, large washroom and in-suite laundry, utility room (note the main floor living area could be interchanged to a bedroom). The tenant that has been there for over 2 years and is happy to remain in the property and pays $840/ month all inclusive (hydro, gas, water). Unit Two- The upper unit is a one bedroom unit and is accessed through the front of the property (fronting on Lincoln Street). Well distributed one-bedroom apartment, practical kitchen, 3 piece bathroom. The current tenant also wants to stay and is paying $850/month all inclusive (hydro, gas, water). There are 2 parking spaces at the rear of the property, one for each unit, accessed via the laneway behind the property. Great opportunity! Unit 1 Main/ Basement (Back)- $840 Lease ends August 31st, 2020 Unit 2 Upper (Front)- $850 Month to Month since January 31st, 2020

Listing Map