For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft < 700
Subdivision 768 - Welland Downtown
MLS Listing ID X13449114
Sold Date -
Style 2-Storey
Bedrooms 7
Annual Tax Amount $4,302
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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 !
Location
Province ON
County Niagara
Area Niagara
Zoning RM, RL2
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features None
Cooling None, Window Unit(s)
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 70.0
Lot Depth 138.0
Total Parking Spaces 5
Building
Building Age 51-99
Foundation Brick, Concrete
New Construction false
Others
Senior Community No
ParcelsYN No
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Nearby Locations
GET MORE INFORMATION
