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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$699,900
Available - For Sale
Listing ID: X12539904
Turn key money maker!!! Solid and meticulously maintained 5 unit building located in fabulous neighbourhood close to park, public transit & shops + quick, convenient highway access. Fully occupied w/ NOI of 54,236.62 & Cap Rate near 8% / year with great upside for future rents. ( Unit #1 ( 2 bedroom ) $1488.66 , Unit #2 ( 1 bedroom ) $750.00, Unit #3 ( 1 bedroom ) $942.58, Unit #4 ( 1 bedroom ) $1350.00, Unit #5 ( 1 bedroom ) $1383.75. Units are super clean - building has newer 40yr roof (2018), newer furnace (2021), updated cooper and ABS plumbing & electrical ( 200amp ), replacement windows (2019) & freshly painted stucco exterior. Updates within the units include; newer vinyl plank flooring, 3 have new kitchens & minor update work in the baths ( Unit #2 bath is brand new ). All units have have excellent layouts + street parking permitted. Lower level is set up for future coin op laundry.
Price $699,900
Taxes: $3,055.18
Occupancy by: Tenant
Address: 51 Lyons Avenue , Welland, L3B 1L8, Niagara
Directions/Cross Streets: Main Street & Lyons Ave
Rooms: 20
Bedrooms: 6
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: Apartment
Partially Fi
No. of Pieces Level
Washroom 1 3
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 3
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Multiplex
Style: 2-Storey
Exterior: Stucco (Plaster)
Garage Type: None
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

51 Lyons Avenue , Welland, L3B 1L8, Niagara

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $3,055.18
Maintenance Fee: $0
Beds: 6
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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