3731 Nineteenth ST Active

Lincoln,ON L0R 1S0

$ 1950000

- Bed

- Bath

3910 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,910 sqft

Price per Sqft $498

MLS Listing ID X9396312

Annual Tax Amount $10,074

Tax Year 2024

Property Description

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.

Location

State ON

County Niagara

Area Lincoln

Interior

Cooling No

Exterior

Garage Spaces 9.0

Utilities Available Available

Parking Type Outside/Surface

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