Overview
|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 !
Additional Details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: None,Window Unit(s)
- County: Niagara
- Property Type: Residential
- Pool: None
- Architectural Style: 2-Storey
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