7 Bedroom
4 Bathroom
0 - 699 ft2
None, Window Air Conditioner
Other
$599,000
Four-plex Apt building under power of sale with exceptional redevelopment potential situated on a Oversized lot for the area. The property has received City of Welland approval for a minor variance supporting a 30-unit mid-rise development, consisting of 30 residential units with surface parking in 2023. The existing building currently contains four self-contained units with separate metering available, all of which are vacant. Ideal for Renovator /Investor to renovate all the rental units and lease out at market rents or rebuild. The site is zoned RM - Medium Density Residential which allows develop as mentioned or on a smaller scale. Don't Miss this Opportunity ! (id:61594)
Property Details
|
MLS® Number
|
X12690258 |
|
Property Type
|
Multi-family |
|
Community Name
|
768 - Welland Downtown |
|
Parking Space Total
|
5 |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
7 |
|
Bedrooms Total
|
7 |
|
Age
|
51 To 99 Years |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Cooling Type
|
None, Window Air Conditioner |
|
Exterior Finish
|
Aluminum Siding |
|
Foundation Type
|
Brick, Concrete |
|
Heating Type
|
Other |
|
Stories Total
|
2 |
|
Size Interior
|
0 - 699 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
138 Ft |
|
Size Frontage
|
70 Ft |
|
Size Irregular
|
70 X 138 Ft |
|
Size Total Text
|
70 X 138 Ft|under 1/2 Acre |
|
Zoning Description
|
Rm, Rl2 |
Utilities
|
Cable
|
Available |
|
Electricity
|
Available |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29244524/14-asher-street-welland-welland-downtown-768-welland-downtown