$639,000
14 Asher Street, Welland, ON L3B 4J1
768 - Welland Downtown, Welland,
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TRREB.
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 !
- HoldoverDays: 90
- Architectural Style: 2-Storey
- Property Type: Residential Freehold
- Property Sub Type: Multiplex
- DirectionFaces: North
- GarageType: None
- Directions: Asher & Burgar
- Tax Year: 2025
- ParkingSpaces: 5
- Parking Total: 5
- WashroomsType1: 4
- BedroomsAboveGrade: 7
- Interior Features: None
- Basement: Unfinished
- Cooling: None, Window Unit(s)
- HeatSource: Other
- HeatType: Other
- ConstructionMaterials: Aluminum Siding
- Roof: Asphalt Shingle
- Pool Features: None
- Sewer: Sewer
- Foundation Details: Brick, Concrete
- Parcel Number: 641070089
- LotSizeUnits: Feet
- LotDepth: 138
- LotWidth: 70
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