256 Lincoln ST, Welland, ON L3B 4N1
256 Lincoln ST, Welland, ON L3B 4N1
256 Lincoln ST, Welland, ON L3B 4N1
256 Lincoln ST, Welland, ON L3B 4N1
256 Lincoln ST, Welland, ON L3B 4N1
256 Lincoln ST, Welland, ON L3B 4N1
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Christine Weaver

Christine Weaver

+1(647) 646-0684
$ 1,049,900
Est. payment | /mo

9 Beds

5 Baths

Save Virtual Tour Video Tour
$ 1,049,900
Est. payment | /mo
Save Virtual Tour Video Tour

9 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 768 - Welland Downtown

MLS Listing ID X13125466

Style 2-Storey

Bedrooms 9

Annual Tax Amount $3,632

Tax Year 2026

Property Sub-Type Multiplex

Property Description

A turnkey, income generating property in the heart of Welland. This exceptionally well maintained, 5-unit residential apartment building sits in a highly desirable central location, offering strong rental appeal and long-term value, with significant recent capital improvements including a new hot water heating system (2024), newer vinyl thermo windows 2018, and with on-site laundry for all tenants. Most units feature updated flooring and fresh paint, while the exterior stucco 2021 is in excellent condition reflecting the pride of ownership. Tenants benefit from an unbeatable location within walking distance to a major shopping plaza on Lincoln St., two elementary schools, the scenic Welland Canal walking and cycling paths, and vibrant downtown amenities. This property is also serviced by the Niagara Region wide bus route, making it attractive to a broad tenant base. Additional highlights include separate hydro meters, on site parking, and a double car garage at the rear of the property with the potential to generate an additional $1,200 annually by renting out half the garage space. Currently tenanted by quality, reliable residents, this solid and centrally located multi-unit investment asset represents a rare find in one of Niagara's growing communities.

Location

Province ON

County Niagara

Area Niagara

Zoning RL2

Rooms

Basement Separate Entrance, Partially Finished, Other

Kitchen 5

Interior

Interior Features Separate Hydro Meter

Cooling Other

Exterior

Exterior Feature Landscape Lighting, Patio, Deck

Parking Features Detached

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle,Membrane

Total Parking Spaces 9

Building

Foundation Concrete Block

Others

Virtual Tour https://youtu.be/i9BqgewXM7Y

Lited by REAL BROKER ONTARIO LTD.

Nearby Locations

Christine Weaver

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 646-0684

christine@weaverrealty.ca

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256 Lincoln ST