Address
256 LINCOLN Street Welland, ON
Price
$ 1,225,000
Property Attributes
  • ID#40188182
  • TypeMulti-Family
  • CityWelland
  • NeighbourhoodMarket Square
  • Postal CodeL3B 4N1
  • StyleDetached
  • Price$ 1,225,000
  • Bedrooms9
  • Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3028
Listing Provided Courtesy Of:
Brenda Sabine-Green with Re/Max Realty Enterprises Inc., Brokerage
Data Source:
RLP - CREA EN
Property Description

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:27)

General Features

Beds 9
Parking Spaces 9

Interior Features

Bedrooms 9
Total Baths 5

Exterior Features

Lot Frontage 53.0
Jumpid 16527878
Mls 40188182

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L3B 4N1

Price
AVG $1.23M
$1.23M
Visits
AVG 7
9
Walkscore
AVG 53
53
Data Provided by Walkscore ® not using MLS data