74 MACOOMB DRIVE, Welland (N. Welland)

$799,000

For sale: Detached

Property type

Single Family

Bedrooms / bathrooms

9 bedrooms, 2 bathrooms

Living area

2,000 sqft

MLS number

MLS® X13079358

Neighbourhood

767 - N. Welland

Excellent investment opportunity in the City of Welland! This property comes with 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. " VIRTUALLY STAGED PICTURES"