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131 Lyons Avenue S Welland, Ontario L3B 1M3

9 Bedroom 5 Bathroom 3000
Central Air Conditioning Forced Air

$1,150,000

Turn key money maker !!! - Solid and meticulously kept 5 Unit building w/ detached double garage, located in fabulous neighbourhood across from park. Fully occupied @ market rent w/ NOI of $59,306 / year ( Bdrm #1 - $1300, 2 Bdrm #2 - $1110, 2 Bdrm #3 $1350, 2 Bdrm #4 $1060, 1 Bdrm #5 - $1200 + coin op laundry ). Units are super clean - building has newer 40yr roof, updated furnace & C/A, copper & ABS plumbing plus exterior doors & all lower level windows replaced. For the large investor - this is one of 4 buildings available side by side that provide a unique opportunity to accumulate 18 turn key units within a half block. See MLS # 40128930, 40128486 and contact listing agent for 3rd (id:28271)

Property Details

MLS® Number 40128786
Property Type Multi-family
Amenities Near By Park, Public Transit, Schools
Community Features Quiet Area, School Bus
Equipment Type None
Features Corner Site, Park/reserve, Laundry- Coin Operated
Parking Space Total 6
Rental Equipment Type None

Building

Bathroom Total 5
Bedrooms Total 9
Appliances Water Meter
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Stucco
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3000
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Park, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 61 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rm

https://www.realtor.ca/real-estate/23368373/131-lyons-avenue-s-welland

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