256 Lincoln St , Welland

9 Bed / 5 Bath / $1,225,000 / MLS® Listing #:X5435139

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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

Property Details

Property Type Multiplex
Property Style 2-Storey
Square Feet 3000-3500
Property Tax $3,106
Maintenance N/A
Days On Our Website 11
Basement Full - Part Fin
Kitchens 5
Garages 2.0
Lot Dimensions 52.83 x 100.00
Pool None
Area Niagara
Fireplaces N
Air Conditioning Wall Unit
Heating Gas - Radiant
Exterior Stucco/Plaster
Garage Type Detached
Sewers Sewers
Water Municipal

Room Information

Floor Room Dimensions Description

Bathroom Information

Floor Description
Main 3 x 3 piece
Upper 2 x 3 piece

Listing Office: RE/MAX REALTY ENTERPRISES INC., BROKERAGE

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