524 Lincoln Street, Welland | Image 1

524 Lincoln Street

Welland

  • Commercial

$XXX,XXX
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: RL2,RM

  • Age: 51-99 years

  • Taxes: 2615.81

  • MLS®#: X9412335

  • Days on Site: 81 Days

  • Added: Jul 29, 2024 (2 months ago)

  • Updated:

  • Last Checked: 54 minutes ago

  • Listed By: THE AGENCY

Explore the potential of 524 Lincoln St, a prime rental property in Welland's fast growing East side. This well-maintained home offers three units, which are currently rented with quality tenants who pay their own hydro and gas. Conveniently located near schools, parks, and shopping plazas. Parking and laundry onsite. All three units renovated approx. 5 years ago. This property provides a blend of comfort and accessibility that is sure to appeal to renters. Seize the opportunity to add this desirable rental to your portfolio!

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 51-99

  • Area: Welland

  • Availability Date: with Tenants

  • Assessment Amount: $145,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 3

  • Air Conditioning: None

  • Washrooms: 3

Building

  • Basement: Y

  • Heat Type: Forced Air

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 9

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 87 PL 951; PT LT 88 PL 951 AS IN RO721677 ; WELLAND

  • Taxes: $2,616

  • Expenses: Est

  • Insurance Fee: 2500

  • Operating Fees: 9585

Land

  • Cross Street: HWY 406 to East Main

  • Municipality District: Welland

  • Parcel Number: 641190040

  • Sewer: Sewers

  • Lot Depth: 116.6 Feet

  • Lot Frontage: 45 Feet

  • Zoning: RL2,RM

Additional Media

  • Virtual Tour: https://www.propertypanorama.com/instaview/itso/40626617

Commercial Specific

  • Total Area: 2350

  • Total Area Metric: Sq Ft

  • Area Influence: Park

  • Area Influence: Public Transit

  • Tangible Property Included: Y

  • Financial Statement: Y

7-8

École élémentaire Confédération

Elementary: Public
0.95 km
JK-6

École élémentaire Champlain

Elementary: Public
0.49 km
JK-8

ÉÉC Saint-François-d'Assise

Elementary: Catholic
0.39 km
JK-8

St Andrew Catholic Elementary School

Elementary: Catholic
1.06 km
JK-8

Diamond Trail Public School

Elementary: Public
1.21 km
JK-8

Princess Elizabeth Public School

Elementary: Public
0.15 km
9-12

École secondaire Confédération

Secondary: Public
0.95 km
9-12

Eastdale Secondary School

Secondary: Public
0.76 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
2.97 km
9-12

Centennial Secondary School

Secondary: Public
3.58 km
Pre-Grade 9-12

Lakeshore Catholic High School

Secondary: Catholic
9.78 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
2.13 km
For Sale
1 month ago
$549,900
  • 2 bath
  • 0 bed

87 Southworth Street, Welland, Ontario • L3B 1Y7 • Welland