3731 Nineteenth St - Apartments FOR SALE


Lincoln, ON L0R 1S0
$1,899,900 CAD
866-530-7737

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$1,899,900 CAD
Apartments - FOR SALE
null | Request Cap Rate

3731 Nineteenth St
Lincoln, ON L0R 1S0


HIGHLIGHTS

  • Close to Highway
  • Recent Capital Improvements
  • Recently Renovated Units

OVERVIEW

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. (36937656)

FOR SALE DETAILS

PRICE

$1,899,900 CAD

PRICE/SF

$478 CAD /SF

# OF UNITS

6

PRICE/UNIT

$316,650

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

RM

APN/PARCEL ID

262204001120300

ASK ABOUT THIS PROPERTY

Andrew OdoardieXp RealtyMore Info
866-530-7737

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Andrew OdoardieXp RealtyMore Info
866-530-7737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.