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