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256 Lincoln Street Welland, Ontario L3B 4N1

9 Bedroom 5 Bathroom 3028
Window Air Conditioner

$1,225,000

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 Renovations: Gravel Driveway, Waterproofing (2012), Apt 5 Completely Renovated (2019), Security Cameras (2019), Two Owned Domestic Water Heaters (2015). No Rental Contracts, All Equipment Is Owned. NOI $43,854.19, Gross Rent $56,430/ Month With 1.2% Increase In 2022. Cap 3.58%. Full List Of Financials Available. Situated In A Mature Neighbourhood Within Walking Distance To Downtown, Parks, Several Restaurants & Shops, Schools, Library And Transit. Square Footage Is Approximate. (id:26105)

Property Details

MLS® Number 40188182
Property Type Multi-family
Amenities Near By Hospital, Place Of Worship, Schools, Shopping
Communication Type High Speed Internet
Features Southern Exposure, Laundry- Coin Operated
Parking Space Total 9
Structure Shed

Building

Bathroom Total 5
Bedrooms Total 9
Appliances Microwave Built-in
Basement Development Partially Finished
Basement Type Full (partially Finished)
Construction Material Concrete Block, Concrete Walls
Construction Style Attachment Detached
Cooling Type Window Air Conditioner
Exterior Finish Concrete, Stucco
Fire Protection Smoke Detectors, Unknown
Fireplace Present No
Stories Total 2
Size Interior 3028
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Nearby
Acreage No
Land Amenities Hospital, Place Of Worship, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 53 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rl2

Utilities

Cable Available
DSL* Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/23834059/256-lincoln-street-welland

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