14 Asher Street Welland, Ontario L3B 4J1

7 Bedroom 4 Bathroom 0 - 699 sqft
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:15069)

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 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

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

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