Space
Finished area and layout
- Living Area
- 3,028 sqft
- Above Grade
- 3,028 sqft (Other)
- Finished Breakdown
- Above 3,028 sqft
- Bedrooms
- 0
- Bathrooms
- 0
+43 more
0
Bedrooms
0
Bathrooms
3,028 sqft
Living Area
52.8 x 100 FT
Lot
9
Parking
Property Snapshot
Key details for this listing
MLS #40829972
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 0-bedroom, 0-bathroom multi-family in Welland offers 3,028 sqft of living area on a 52.8 x 100 FT lot. 2 storeys. The home features forced air, natural gas heating, a partially finished, partial basement.
MLS Remarks
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:60351)
Full Listing Details
Address256 LINCOLN Street
MLS#40829972
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market119
Common InterestFreehold
Annual Tax$3,632 (2025)
Parking9
Parking TypeDetached Garage, Open
Structure TypeOther
StyleMultiplex
ConstructionWood frame, Concrete block, Concrete Walls
Bedrooms0
Bathrooms0
Bedrooms Above Grade9
Living Area3,028 sqft
Above Grade Area3,028 sqft (Other)
Stories2
CityWelland
ProvinceOntario
Postal CodeL3B4N1
Subdivision773 - Lincoln/Crowland
Lot Dimensions52.8 x 100 FT
Frontage53.0 feet
Lot FeaturesSouthern exposure, Paved driveway, Laundry- Coin operated
Zoning DetailsRL2
Total Parking9
Parking FeaturesDetached Garage, Open
HeatingForced air, Natural gas
BasementPartially finished, Partial
FoundationBlock
ExteriorConcrete, Wood, Stucco, Shingles
SecurityUnknown
CommunitySchool Bus
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$3,632 (2025)
Cross Streets: Garner Ave. ** Directions: HWY 406 to East Main St. to Crowland to Lincoln.
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