CELL: 905-327-0486
OFFICE: 905-788-3232
EMAIL: smceachern@cogeco.ca

256 LINCOLN Street, Welland

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Square Footage 3028 Sq. ft.

Description

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:30266)

Details

Property TypeMulti-family
Stories2
AvailableFor sale

Location

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Complimentary: RE/MAX REALTY ENTERPRISES INC., BROKERAGE
Agent: CHRISTOPHER MAZZUCA