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3731 Nineteenth St

6 Unit Apartment Building $1,340,346 USD ($223,391 USD/Unit) Lincoln, ON L0R 1S0

Apartment Buildings Ontario Lincoln 3731 Nineteenth St, Lincoln, ON L0R 1S0

Investment Highlights

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

Executive Summary

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)

Property Facts

Price $1,340,346 USD Building Class C
Price Per Unit $223,391 USD Lot Size 0.44 AC
Sale Type Investment Building Size 3,972 SF
No. Units 6 No. Stories 2
Property Type Multifamily Year Built 1967
Property Subtype Apartment Parking Ratio 2.27/1,000 SF
Price $1,340,346 USD
Price Per Unit $223,391 USD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.44 AC
Building Size 3,972 SF
No. Stories 2
Year Built 1967
Parking Ratio 2.27/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
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zoning

Zoning Code RM
RM
(866) 530-7737

Contact

  • Listing ID: 33719345

  • Date on Market: 11/1/2024

  • Last Updated:

  • Address: 3731 Nineteenth St, Lincoln, ON L0R 1S0

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3731 Nineteenth St
(866) 530-7737 x

3731 Nineteenth St

Andrew Odoardi

(866) 530-7737

(866) 530-7737

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