5
74 MACOOMB DRIVE
$899,900 Sale
Listed 17 hours ago
· 6+3
· 2.0
· 2
· 1500 - 2000
Key Facts
Key facts for 74 MACOOMB DRIVE
Property Type
House, House
Parking
Garage: Yes, 2 parking
MLS #
X12406834
Size
1500 - 2000 sqft
Basement
Finished, N/A (Finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
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:10452)
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Room Types
Bedroom
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Dimensions 3.04 m x 3.04 m
99.48 sqft
Bedroom
-
Dimensions 3.2 m x 2.69 m
92.66 sqft
Bedroom
-
Dimensions 6.22 m x 4.57 m
305.97 sqft
Listing courtesy of: HOMELIFE/DIAMONDS REALTY INC.
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