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51 Lyons Avenue, Welland

$799,900

$799,900
6 Bedrooms
5 Bathrooms
2950 sqft

Property Details

Turn key money maker !!! - Solid and meticulously kept 5 Unit building located in fabulous neighbourhood close to park, public transit & shops + quick & convenient highway access. Fully occupied w/ NOI of $52,799.86 / year with great upside for future Rents. (Unit#1 (2 Bdrm ) - $1444.66, Unit #2 (1 Bdrm) - $666.84, Unit #3 (1 Bdrm) $896.87, Unit #4 (1 Bdrm) $1230, Unit #5 (1 Bdrm) - $1275. Units are super clean - building has newer 40yr roof (2018), updated furnace (2021) , updated copper & ABS plumbing & electrical + windows replaced (2019). Freshly painted stucco exterior + Updates within the units include : 4 of the 5 units have new vinyl plank floors, 2 have new kitchens. All units have excellent layouts + street parking permitted. (id:40167)

  • MLS Number: 40565359
  • Property Type: Multi-family
  • Amenities Near By: Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
  • Community Features: Quiet Area, School Bus
  • Features: Paved Driveway
  • Parking Space Total: 3
  • Bathroom Total: 5
  • Bedrooms Total: 6
  • Basement Development: Finished
  • Basement Type: Full (finished)
  • Cooling Type: Central Air Conditioning
  • Exterior Finish: Stucco
  • Fireplace Present: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Stories Total: 2
  • Size Interior: 2950
  • Utility Water: Municipal Water

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Karl Vanderkuip

Karl Vanderkuip

905-641-1110
Karl@CallKarl.ca
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LISTED BY:
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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