Two-story stucco building with defined corner quoining, multiple windows, and exterior stairs Features: stairs, parking lot

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Two-car detached brick garage alongside a paved driveway Features: concrete foundation, downspout, balcony, detached garage, gutters, stucco siding

Two-story building with a stucco exterior and multiple windows, featuring a central entrance Features: parking lot

Two-story building featuring a stucco exterior with decorative quoins and white trim Features: stucco siding, parking lot, residential view, concrete foundation, lawn

Kitchen featuring wood-finish cabinetry, dark countertops, and a full suite of white appliances including a range and refrigerator Features: glass insert cabinets, wood finish floor, backsplash, sink, raised cabinets, refrigerator, drywall, opens to living area, medium brown cabinets, range oven, baseboards wall, visible hinge cabinets, arched cabinets, countertops, microwave

Living area featuring wood-finish flooring, light-toned walls, and a ceiling-mounted light fixture Features: wood finish floor, baseboards wall, beamed ceiling, natural light, drywall

Open-concept living space featuring wood-finish flooring and recessed lighting Features: beamed ceiling, wood finish floor, drywall, smoke carbon monoxide detector, recessed lighting, sink

Kitchen featuring wood cabinetry, white appliances, light-toned wood-finish flooring, recessed lighting, and a white tile backsplash Features: refrigerator, recessed lighting, sink, visible hinge cabinets, smoke carbon monoxide detector, countertops, range oven, raised cabinets, glass insert cabinets, wood finish floor, kitchen peninsula, drywall, arched cabinets, medium brown cabinets, microwave

Light wood-finish flooring Features: baseboards wall, drywall, wood finish floor

Interior room featuring light wood-finish flooring, a white paneled door, and neutral-toned walls Features: drywall, wood finish floor, vaulted ceiling, office area

Light-toned walls with a sloped ceiling Features: baseboards wall, drywall, wood finish floor

Full bathroom featuring a shower stall with tile surround, a built-in dark wood vanity with a dark countertop, white toilet, and tile flooring Features: drywall, radiator, wainscot wall, shower, tile wall, full bathroom, toilet

Kitchen featuring wood cabinetry, white appliances, and a light-toned backsplash Features: raised cabinets, sink, visible hinge cabinets, kitchen peninsula, medium brown cabinets, countertops, wood finish floor, range oven, glass insert cabinets, smoke carbon monoxide detector, opens to living area, recessed lighting, arched cabinets, microwave, drywall

Spacious bedroom featuring light wood-finish flooring, white walls, and a large window with privacy curtains Features: tv, drywall, wood finish floor

Light-colored walls defining the bedroom space, complemented by light wood-finish flooring Features: wood finish floor, baseboards wall, drywall

Open-concept living space featuring recessed lighting, light-toned walls, and wood-finish flooring Features: natural light, drywall, tv, wood finish floor, beamed ceiling

Bright room featuring wood-finish flooring, white trim, and two windows with white frames Features: closet, natural light, radiator, drywall, wood finish floor, baseboards wall

Interior room featuring light wood-finish flooring, white walls, a white window frame, and a white baseboard radiator Features: drywall, wood finish floor, radiator, natural light, baseboards wall

Kitchen space featuring white cabinetry with brushed chrome hardware, a stainless steel sink, tiled countertops, and a neutral tiled backsplash Features: tile floor, countertops, natural light, drywall, visible hinge cabinets, baseboards wall, white cabinets, sink, radiator

Kitchen space featuring a white paneled door with window, window with plantation shutters, white baseboard radiator, tile flooring, and white cabinetry with a double basin sink Features: natural light, drywall, backsplash, radiator, sink, shaker cabinets, white cabinets, tile floor, baseboards wall, countertops

Bright kitchen featuring white cabinetry, a white refrigerator, and a white oven/range Features: tile floor, refrigerator, natural light, sink, drywall, range oven, range hood, white cabinets, countertops, radiator, visible hinge cabinets

Kitchen space featuring a white refrigerator, light-toned tile flooring, and white painted walls Features: range oven, baseboards wall, tile wall, refrigerator, drywall, tile floor, visible hinge cabinets

Kitchen area with white cabinetry, a single basin sink, and tile countertops Features: drywall, radiator, tile wall, baseboards wall, sink, natural light, tile floor

Bathroom featuring a pedestal sink with storage vanity, chrome faucet, tiled shower with glass enclosure, and a mirrored medicine cabinet Features: vanity, full bathroom, mirror, tile wall, drywall, sink, shower

Shower enclosure featuring glass panels, beige tiled walls, a flexible shower head, and an integrated shower caddy Features: full bathroom, shower

Basement utility space featuring a wooden workbench, pegboard wall, exposed ceiling joists, and a white-framed window Features: workshop, concrete foundation, basement, natural light

Unfinished basement offering exposed wood ceiling joists, painted concrete walls, and a painted concrete floor Features: concrete foundation, basement

Unfinished basement featuring exposed wood joists, painted concrete walls, and painted concrete flooring Features: basement, concrete foundation

Utility room featuring a washer and dryer, painted concrete flooring, exposed overhead piping, and a window providing natural light Features: drywall, natural light, fire extinguisher, basement, smoke carbon monoxide detector, separate washer dryer, laundry, concrete floor, low ceiling

Spacious lower level offering a painted concrete floor, white walls, exposed ceiling pipes, and a built-in shelving unit Features: natural light, drywall, fire extinguisher, stairs, basement, laundry, separate washer dryer

Lower level utility area with painted concrete flooring, exposed ceiling pipes, and a window providing natural light Features: drywall, laundry, stairs, separate washer dryer, natural light, fire extinguisher, basement

Image quality insufficient for description Features: tv, basement

Mechanical room featuring exposed overhead piping, multiple electrical panels, and a wall-mounted water heater Features: electric panel, basement, water expansion tank, boiler

Utility space featuring a modern wall-mounted boiler, insulated water heater, exposed copper piping, and a painted concrete floor Features: water expansion tank, water heater, furnace, basement, electric panel, boiler

Image quality insufficient for description Features: basement, electric panel

Spacious basement with concrete flooring, exposed wood beam ceiling, utility sinks, multiple storage cabinets, and a prominent mechanical system Features: water heater, basement, sink, electric panel, water expansion tank

Unfinished basement with painted concrete flooring and exposed ceiling joists Features: natural light, basement, sink

Unfinished basement featuring exposed wood joists, visible utility pipes, and painted concrete block walls Features: basement

Aerial perspective showcasing the property's position within a developed residential area Features: residential view, city view

Aerial perspective highlighting the property outlined in red, positioned within a developed urban landscape Features: water view, residential view

Aerial perspective of a residential street with homes featuring varied architectural styles and rooflines Features: residential view

Two-story building with a flat roof and light gray exterior, featuring multiple windows and a prominent street-level entrance Features: residential view

Gable roof building with an adjacent open-air carport and a corner lot position

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For Sale - 256 Lincoln Street, Welland, Ontario

256 Lincoln Street

Welland , Ontario

9 5 $1,099,900

Est payment $5,282/mo

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Time on Jump 99 day

AI Summary *

Turnkey, income-generating property with 5 residential units in a prime location.
Recent capital improvements, including a new hot water heating system for efficiency.
Updated units with new flooring and fresh paint for tenant comfort.
Walkable to major shopping, schools, and scenic Welland Canal paths.
On-site parking and double car garage with rental income potential.

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Purchase Price

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Down Payment:
$ 54,995 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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.

Listing IDX13125466

Address256 Lincoln Street

CityWelland, Ontario

Price$1,099,900

Bed / Bath9 / 5 Full

Style2-Storey, Multiplex

ConstructionStone

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features Separate Hydro MeterOutdoor Features Landscape Lighting, Patio, DeckAmenities Hospital, Place Of Worship, Public Transit, SchoolOwnership FreeholdBasement Separate Entrance, Partially Finished, OtherFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 9.00

Listing Agency:
REAL BROKER ONTARIO LTD.

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Listing Agency:
REAL BROKER ONTARIO LTD.

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Hospital

Parks

Schools

Place of Worship

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For Sale - 256 Lincoln Street, Welland, Ontario

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Property Info

Extras

Market Info

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