ON > Welland > 773 - Lincoln-Crowland
Welland, ON L3B 1L8,51 Lyons AVE
See all 50 photos
Welland, ON L3B 1L8,51 Lyons AVE
Welland, ON L3B 1L8,51 Lyons AVE
Welland, ON L3B 1L8,51 Lyons AVE
Welland, ON L3B 1L8,51 Lyons AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
16
Nov
Mon
17
Nov
Tue
18
Nov
Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 699,900
Est. payment /mo
Save
New

51 Lyons AVE Welland, ON L3B 1L8

6 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X12539904

Style 2-Storey

Bedrooms 6

Annual Tax Amount $3,055

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 100.0

Lot Front 45.11

Appx SqFt 2000-2500

Property Description

Turn key money maker!!! Solid and meticulously maintained 5 unit building located in fabulous neighbourhood close to park, public transit & shops + quick, convenient highway access. Fully occupied w/ NOI of 54,236.62 & Cap Rate near 8% / year with great upside for future rents. ( Unit #1 ( 2 bedroom ) $1488.66 , Unit #2 ( 1 bedroom ) $750.00, Unit #3 ( 1 bedroom ) $942.58, Unit #4 ( 1 bedroom ) $1350.00, Unit #5 ( 1 bedroom ) $1383.75. Units are super clean - building has newer 40yr roof (2018), newer furnace (2021), updated cooper and ABS plumbing & electrical ( 200amp ), replacement windows (2019) & freshly painted stucco exterior. Updates within the units include; newer vinyl plank flooring, 3 have new kitchens & minor update work in the baths ( Unit #2 bath is brand new ). All units have have excellent layouts + street parking permitted. Lower level is set up for future coin op laundry.

Location

Province ON

County Niagara

Community 773 - Lincoln/Crowland

Area Niagara

Rooms

Family Room No

Basement Apartment, Partially Finished, Separate Entrance, Walk-Up

Kitchen 5

Interior

Interior Features Water Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 45.11

Lot Depth 100.0

Total Parking Spaces 3

Building

Foundation Concrete Block

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of The Seymour Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

51 Lyons AVE

TORONTO NEIGHBOURHOODS
There are 30 quick searches