9 Bedroom
2 Bathroom
1,500 - 2,000 ft2
Inground Pool
Central Air Conditioning
Forced Air
$899,900
Excellent investment opportunity in the City of Welland! This property currently generates $5,700/month in rental income from an existing 9-bedroom home, offering strong cashflow from day one. The site also benefits from Welland's latest zoning amendment, which permits up to 4 residential units on a single lot. With potential severance, this property can support development of up to 8 units in total (4 per lot), subject to standard municipal approvals plus additional units in addition to 8 units if the developer proposes to apply for approval for more units Secure steady income now while unlocking significant future development potential in one of Niagara's fastest-growing rental markets. (id:50976)
Property Details
|
MLS® Number
|
X12406834 |
|
Property Type
|
Single Family |
|
Community Name
|
767 - N. Welland |
|
Equipment Type
|
Water Heater |
|
Features
|
Lane |
|
Parking Space Total
|
2 |
|
Pool Type
|
Inground Pool |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Below Ground
|
3 |
|
Bedrooms Total
|
9 |
|
Age
|
51 To 99 Years |
|
Appliances
|
Dryer, Two Stoves, Washer, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
N/a (finished) |
|
Construction Style Attachment
|
Detached |
|
Construction Style Split Level
|
Sidesplit |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
137 Ft ,6 In |
|
Size Frontage
|
55 Ft |
|
Size Irregular
|
55 X 137.5 Ft |
|
Size Total Text
|
55 X 137.5 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Primary Bedroom |
4.26 m |
3.04 m |
4.26 m x 3.04 m |
|
Second Level |
Bedroom 2 |
3.04 m |
2.74 m |
3.04 m x 2.74 m |
|
Second Level |
Bedroom 3 |
3.35 m |
2.74 m |
3.35 m x 2.74 m |
|
Basement |
Kitchen |
3.96 m |
2.43 m |
3.96 m x 2.43 m |
|
Basement |
Bedroom |
3.2 m |
2.69 m |
3.2 m x 2.69 m |
|
Main Level |
Kitchen |
3.35 m |
3.04 m |
3.35 m x 3.04 m |
|
Main Level |
Dining Room |
3.15 m |
3.05 m |
3.15 m x 3.05 m |
|
Main Level |
Living Room |
5.49 m |
3.48 m |
5.49 m x 3.48 m |
|
Main Level |
Bedroom |
6.22 m |
4.57 m |
6.22 m x 4.57 m |
|
Main Level |
Bedroom 2 |
3.04 m |
3.04 m |
3.04 m x 3.04 m |
|
Main Level |
Bedroom 3 |
5.48 m |
3.35 m |
5.48 m x 3.35 m |
|
Sub-basement |
Bedroom |
3.04 m |
3.04 m |
3.04 m x 3.04 m |
|
Sub-basement |
Bedroom 2 |
3.04 m |
3.04 m |
3.04 m x 3.04 m |
https://www.realtor.ca/real-estate/28869792/74-macoomb-drive-welland-n-welland-767-n-welland
