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Welland (Lincoln/Crowland)
99 BEATRICE STREET

$729,900

99 BEATRICE STREET, Welland (Lincoln/Crowland), Ontario, L3B 2Z2

MLS® # X12983216

Welland (Lincoln/Crowland) ON, L3B 2Z2

MLS® # X12983216

Property Information:

Rare chance to acquire a fully occupied 6-plex in Welland positioned in an area with strong future upside driven by nearby development and ongoing growth. The property includes five 2-bedroom units and 1 3 bedroom, new heat pumps (2024), coin laundry, a large yard, plenty of parking. Three units have already been renovated, creating a strong foundation for increased revenue and further value-add potential. Well maintained and located in a quiet neighbourhood near amenities, this is a turnkey multifamily asset with stable income today and room for tomorrow's upside. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Basement Development: Finished
Basement Type: N/A
Exterior Finish: Vinyl siding
Floor Space: 2500 - 3000 sqft
Foundation Type: Concrete
Heating Type: Heat Pump
Heating Fuel: Electric
Cooling Type: Wall unit
Appliances: All

Property Features:

Property Type: Multi-family
Bedrooms: 12
Bathrooms: 6
Floor Space (approx): 2500 - 3000 Square Feet
Irregular: Yes
Lot Depth: 125 Feet
Lot Frontage: 58 Feet
Lot Size: 58 x 125 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Courtesy of: RE/MAX GARDEN CITY REALTY INC, BROKERAGE

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⚠ Potential Investment Performance

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Market Price Trends

Location of 99 BEATRICE STREET, Welland (Lincoln/Crowland), Ontario, L3B 2Z2

Lifestyle
Neighbourhood

Demographic Information of 99 BEATRICE STREET, Welland (Lincoln/Crowland), Ontario, L3B 2Z2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,014.80

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.53 %

High school certificate or equivalent

41.62 %

Apprenticeship trade certificate/diploma

7.0 %

College/non-university certificate

22.07 %

University Degree

6.78 %

Commuter

Travel To Work

By Car

86.63 %

By Public Transit

1.78 %

By Walking

5.22 %

By Bicycle

0.0 %

By Other Methods

6.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.14 %

Houses

60.86 %

Own Vs. Rent