For Sale: 256 Lincoln Street, Welland, ON - REW
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$1,099,900
9 bd • 5 ba • 3000 - 3499 sf • Multifamily
256 Lincoln Street
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$1,099,900
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256 Lincoln StreetWelland, ON, L3B 4N1

  • 9 Bed
  • 5 Bath
  • 3000 - 3499 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Eli Milenkoff, Broker, Real Broker Ontario Ltd.

Home facts and features

Price details
List Price
$1,099,900
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Gross Taxes for 2025
$3,632
Home facts
Bedrooms
9
Full Bathrooms
5
Parking Spaces
9
Parking Details
Garage, Detached Garage
Property Type
Multifamily
Depth
100 feet
Frontage
52.9 feet
Exterior Finish
Stone
Heating Type
Forced air, Natural gas
Basement Details
Partially finished, Separate entrance, Other, See Remarks, , ,
Features
Separate Electricity Meters
Agent details
Primary Agent
Primary Broker
Real Broker Ontario Ltd.
Secondary Agent
JALEEL WARD
Secondary Broker
Real Broker Ontario Ltd.
Listing details
Days on REW
26 Days
MLS® Number
X13125466
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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25 Years
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Property Insights

Plymouth Public School
  • Public
  • JK - 8
St Mary Catholic Elementary School
  • Catholic
  • JK - 8
Princess Elizabeth Public School
  • Public
  • JK - 8
É Élém Champlain
  • Public
  • JK - 6
DSBN Academy
  • Public
  • 6 - 12
ÉÉC Saint-François-d'Assise
  • Catholic
  • JK - 8
Diamond Trail Public School
  • Public
  • JK - 8
Confédération
  • Public
  • 7 - 12
St Andrew Catholic Elementary School
  • Catholic
  • JK - 8
Eastdale Secondary School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Eli Milenkoff
Phone:
(289) 820-9309
Cell:
905-380-3111
Office:
888-311-1172
Salesperson
JALEEL WARD
Phone:
905-329-9378
Cell:
905-329-9378
Office:
888-311-1172
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