3731 NINETEENTH STREET

Lincoln, Ontario, L0R1S0, Canada

$1,899,900

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.

EXTRAS The property has an approved severance, the additional portion of the severed lot is not included in the sale. Severance documents are available upon request

Last updated on : Saturday 11th of January 2025 06:36:51 PM

ADDRESS

Street : 3731 NINETEENTH STREET

City : Lincoln

Province : Ontario

Country : Canada

Postal Code : L0R1S0

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PROPERTY SUMMARY

Property ID : X9396312

Building Type : Multi-Family

Property Type : Multi-family

Parking : 9

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