Rachel Stempski

Broker


LOADING

256 Lincoln Street Welland, Ontario L3B 4N1

9 Bedroom 5 Bathroom 3028
Window Air Conditioner

$1,099,000

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! Seperately Metered Utilities. Recent Renos: Unit 5 (2019), Stucco (2011), Roof (2014), Windows & Waterproofing (2018), Owned x2 Water Heater (2015). No Rental Contracts, All Equipment Is Owned. NOI $14,395.81, Gross Rents $63,984.00/Year Plus $2400 Laundry, With 1 Unit Vacant July 2022. Cap 4.85%. 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:50705)

Property Details

MLS® Number 40276447
Property Type Multi-family
Amenities Near By Place Of Worship, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Equipment Type None
Features Southern Exposure, Laundry- Coin Operated
Parking Space Total 9
Rental Equipment Type None
Structure Shed

Building

Bathroom Total 5
Bedrooms Total 9
Appliances Microwave Built-in
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1910
Construction Material Concrete Block, Concrete Walls
Construction Style Attachment Detached
Cooling Type Window Air Conditioner
Exterior Finish Concrete, Stucco
Fire Protection Smoke Detectors
Stories Total 2
Size Interior 3028
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Road Access, Highway Access, Highway Nearby
Acreage No
Land Amenities Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 53 Ft
Size Irregular 0.122
Size Total 0.122 Ac|under 1/2 Acre
Size Total Text 0.122 Ac|under 1/2 Acre
Zoning Description Rl2

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/24525856/256-lincoln-street-welland

Interested?

Contact us for more information


Generating Captcha

Christopher Mazzuca
Salesperson

(905) 380-1186
(905) 855-2201

RE/MAX Realty Enterprises Inc., Brokerage
1697b Lakeshore Rd West
Mississauga, Ontario L5J 1J4

(905) 855-2200
(905) 855-2201
www.remaxrealtyenterprises.com

Brenda Sabine-Green
Broker

(905) 380-7699
(905) 855-2201

RE/MAX Realty Enterprises Inc., Brokerage
1697b Lakeshore Rd West
Mississauga, Ontario L5J 1J4

(905) 855-2200
(905) 855-2201
www.remaxrealtyenterprises.com

Your Favourites

 

No Favourites Found