256 Lincoln Street, Welland (Welland Downtown), Ontario

About 256 Lincoln Street

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:6289)

More Info on this 768 - Welland Downtown Other MLS® listing

256 Lincoln Street is an other listing for sale in Welland (Welland Downtown). The MLS® number is X13125466. It features 9 bedrooms, 5 bathrooms. It's currently listed for $1,049,900. For more details on MLS® X13125466, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in 768 - Welland Downtown is available now!

Selling your 768 - Welland Downtown Other property?

Have a similar home to 256 Lincoln Street? If you’re thinking about selling your 768 - Welland Downtown other property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Welland (Welland Downtown) property.

Listing Map