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3731 Nineteenth Street Lincoln, Ontario L0R 1S0

3910 sqft
Forced Air

$1,950,000

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. (id:39551)

Property Details

MLS® Number X9396312
Property Type Multi-family
Community Name Lincoln
Parking Space Total 9

Building

Appliances Refrigerator, Stove
Fireplace Present No
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 3910 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 172 Ft
Size Frontage 150 Ft
Size Irregular 150 X 172 Ft
Size Total Text 150 X 172 Ft
Zoning Description Rm

https://www.realtor.ca/real-estate/27541344/3731-nineteenth-street-lincoln-lincoln

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