256 LINCOLN Street , Welland

9 Bed / 5 Bath / $1,099,000 / MLS® Listing #:40276447

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ATTENTION INVESTORS, RARE OPPORTUNITY! Incredible Investment Opportunity To Own Or Live In One Unit And Rent The Other Four Units With This LEGAL 5-PLEX! Separately Metered Utilities. Recent Renos: Unit 5 (2019), Stucco (2011), Roof (2014), Windows & Waterproofing (2018), Owned x2 Water Heater (2015). No Rental Contracts (except 3 bed unit), All Equipment Is Owned. NOI $54,388.02, Gross Rents $67,884.00/Year, With no vacancies. Cap 4.93%. Full List Of Financials Available. Situated In A Mature Neighbourhood Within Walking Distance To Downtown, Parks, Several Restaurants & Shops, Schools, Hospital/Medical, Library And Transit. Square Footage Is Approximate. (id:10452)

Property Details

Property Type Multi-family
Square Feet 3028.0000
Maintenance N/A
Days On Our Website 176
Basement Partially finished - Full (Partially finished)
Lot Dimensions 0.122 ac|under 1/2 acre
Pool N/A
Area Welland
Air Conditioning Window air conditioner
Exterior Concrete, Stucco
Parking Spaces 9
Parking Type Detached Garage,Detached Garage
Sewers Municipal sewage system
Water Municipal water


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