256 Lincoln St

Attention Investors, Rare Opportunity! Set Your Own Rents. Potential To Increase The Total Gross Rent To $99,756 Per Year With A Potential Cap Rate Of 7.5%. 3 Units Provided With Vacant Possession (3 - 2 Bedroom Units). Incredible Investment Opportunity To Own Or Live In One Unit And Rent The Other Four Units With This Legal 5-Plex! Separately Metered Units. Recent Renovations: Apartment 5 Renovated (2019), Stucco (2013), Roof (2014), Windows & Waterproofing (2018), Owned X2 Domestic Water Heater (2015), Security Cameras (2019). No Rental Contracts, All Equipment Is Owned. Gross Rents $66,476/Year Plus $2,400.00 Laundry. Cap Rate Of 4.8%. 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.