74 Macoomb Drive

Welland, 767 - N. Welland

描述

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.

This detached home located at 74 Macoomb Drive, Welland, ON L3C 5T9 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$900K. It has 9 beds, 2 bathrooms, and is 1500-2000 square feet. The property is N/A years old. 74 Macoomb Drive, Welland, ON L3C 5T9 is in Welland neighborhood 767 - N. Welland.