227 Lincoln Street, Welland, ON

$275,000

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950

Square feet

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

Features of 227 Lincoln Street

MLS® # 30801979
Price $275,000
Bathrooms 0.00
Square Footage 950
Acres 0.00
Type Multi-Family
Sub-Type Attached/Row/, Duplex - Up/Down
Style 2 Storey
Status Active

Community Information

Address 227 Lincoln Street
Area Welland
Subdivision Lincoln / Crowland
City Welland
County Niagara
Province ON
Postal Code L3B 4M8

Amenities

Parking Spaces 2
Garages None
Is Waterfront No
Has Pool No

Interior

Appliances 2 Fridges, 2 Stoves
Heating Water, Other
Cooling None
# of Stories 2
Has Basement Yes
Basement Walk-Up, Unfinished, Full

Exterior

Exterior Brick
Lot Description 165.84 x 15.92, Rectangular shaped, < 0.5 acres
Roof Asphalt Shingle
Foundation Poured Concrete

Listing Details

AgentEric Cleary
OfficeREVEL Realty Inc., Brokerage

Listing Map

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