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. |
Price | $1,899,900 |
Taxes: | $10074.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 3731 Nineteenth St , Lincoln, L0R 1S0, Ontario |
Postal Code: | L0R 1S0 |
Province/State: | Ontario |
Legal Description: | LT 4 PL 442 LOUTH; PT LT 3 PL 442 LOUTH |
Lot Size: | 150.00 x 172.00 (Feet) |
Directions/Cross Streets: | Nineteenth St / King St |
Category: | Apartment |
Building Percentage: | Y |
Total Area: | 3910.00 |
Total Area Code: | Sq Ft |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Niagara |
Municipality: | Lincoln |
Neighbourhood: | Lincoln |
Lot Size: | 150.00 x 172.00(Feet) |
Tax: | $10,074 |