51 Lyons Avenue, Welland, Ontario

$799,900

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6

Beds

5

Baths

2,950

Square feet

About 51 Lyons Avenue

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:36535)

Features of 51 Lyons Avenue

Listing # 40565359
Price $799,900
Bedrooms 6
Bathrooms 5.00
Square Footage 2,950
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 51 Lyons Avenue
Subdivision 773 - Lincoln/Crowland
City Welland
Province Ontario
Postal Code L3B1L8

Amenities

Amenities Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features Paved driveway
Parking Spaces 3
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Stucco

Listing Details

OfficeCourtesy Of STEWART MCEACHERN Of COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Listing Map