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51 Lyons Avenue Welland, Ontario L3B 1L8

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6 Bedroom 5 Bathroom 2950 sqft
Central Air Conditioning Forced Air

$799,900

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:48305)

Property Details

MLS® Number 40565359
Property Type Multi-family
AmenitiesNearBy Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures Quiet Area, School Bus
Features Paved Driveway
ParkingSpaceTotal 3

Building

BathroomTotal 5
BedroomsTotal 6
BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Stucco
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2950 Sqft
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
FenceType Fence
LandAmenities Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 100 Ft
SizeFrontage 45 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rl1

https://www.realtor.ca/real-estate/26694938/51-lyons-avenue-welland

*All information provided by the Brantford Regional Real Estate Association (BRREA) and ITSO for the highest number of completed transactions since January 1, 2015. All Brantford MLS® House Listings come from the various systems operated by Real Estate Boards and Associations across Canada. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used underlicense. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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