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$1,950,000
Est. payment /mo
3,910 SqFt
Active
3731 Nineteenth ST Lincoln, ON L0R 1S0
UPDATED:
10/15/2024 05:59 PM
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
Listed by EXP REALTY