256 Lincoln St Welland, ON
$ 1,225,000
Property Attributes
  • ID#X5435139
  • TypeMulti-Family
  • CityWelland
  • NeighbourhoodWelland
  • Postal CodeL3B 4N1
  • Style2-Storey
  • Taxes$ 3105
  • Price$ 1,225,000
  • Bedrooms9
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3000-3500
Listing Provided Courtesy Of:
Data Source:
Canada - Toronto Real Estate Board (TRREB)
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

Price History
11/17/2021 Listed $1,225,000

General Features

ApproxAge 100+
Area Niagara
Assessment 191000
Basement Full
Elevator No
Features Park
Features School
Features Place Of Worship
Features Library
Features Public Transit
Features School Bus Route
Garage Spaces 2.0
Heater Type Radiant
Legal Description Pt Lt 26 Pl 573 As In R0703390; Welland
Lot Depth 100.00
Municipality Welland
Parking Spaces 7
Pool Y/N None
Property Sub Type Multiplex
Rooms 10
Square Footage Range 3000-3500
Status A
Style 2-Storey
Tax Year 2021
Taxes 3105.78
Utilitiescable Yes
Utilitiesgas Yes
Utilitieshydro Yes
Utilitiestelephone Yes
Water Municipal
Zoning Rl2

Interior Features

A/C Wall Unit
Basement Part Fin
Central Vac No
Family Room No
Fireplace Stove No
Heat Source Gas
Kitchens 5
Total Bedrooms 9
Washrooms 5

Exterior Features

Acreage < .50
Drive Private
Exterior Stucco/Plaster
Frontingonnsew No
Garage Type Detached
Sewers Sewers


  • 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

AVG $1.23M
AVG $3,105

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