3731 Nineteenth Street, Lincoln | Image 1

3731 Nineteenth Street

Lincoln

  • Commercial

$1,950,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: RM

  • Age: No Data

  • Taxes: 10074

  • MLS®#: X9396312

  • Days on Site: 1 Days

  • Added: Oct 14, 2024 (1 month ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: EXP REALTY

Welcome to 3731 19th St, Lincoln, a Purpose-Built 7-Unit Property in Lincoln, Ontario! This remarkable property is priced $120,000 below its most recent appraisal. Plus, significant upside potential with an approved three-unit addition! Situated in the charming town of Jordan Station, this desirable community is perfectly located right off the QEW; less than 15 minutes to St Catharines and under forty-five minutes to Hamilton. Most units have been recently renovated and are approaching market rent. The property itself is in excellent condition well-maintained by the tenants with some recent capital improvements. Investors will appreciate the flexible and lucrative exit options available through either the CMHC Standard or MLI Select Program.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Lincoln

  • Availability Date: TBD

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 9

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 4 PL 442 LOUTH; PT LT 3 PL 442 LOUTH AS IN RO606426; LINCOLN

  • Taxes: $10,074

  • Taxes Type: Annual

Land

  • Cross Street: Nineteenth St / King

  • Municipality District: Lincoln

  • Lot Depth: 172 Feet

  • Lot Frontage: 150 Feet

  • Zoning: RM

Commercial Specific

  • Total Area: 3910

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

JK-8

Woodland Public School

Elementary: Public
5.95 km
JK-8

St Edward Catholic Elementary School

Elementary: Catholic
1.00 km
JK-8

Mother Teresa Catholic Elementary School

Elementary: Catholic
7.71 km
JK-8

St Ann Catholic Elementary School

Elementary: Catholic
9.02 km
JK-8

Grapeview Public School

Elementary: Public
7.86 km
JK-8

Twenty Valley Public School

Elementary: Public
2.50 km
9-12

DSBN Academy

Secondary: Public
9.03 km
9-12

Lifetime Learning Centre Secondary School

Secondary: Public
10.79 km
9-12

Beamsville District Secondary School

Secondary: Public
8.93 km
9-12

St Catharines Collegiate Institute and Vocational School

Secondary: Public
10.30 km
9-12

Eden High School

Secondary: Public
10.71 km
9-12

E L Crossley Secondary School

Secondary: Public
12.09 km