14 Asher Street, Welland - Sold for $525,000 | Modern Solution Realty

14 Asher Street, Welland

14 Asher Street in Welland - 7 bedroom, 4 bathroom. Sold for $525,000. Listed at $569,900.

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 !

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Basement: Unfinished
  • Heating: Other
  • Cooling: None
  • Parking: 5 spaces
  • Property Taxes: $4,302.57/yr
  • Neighbourhood: 768 - Welland Downtown
  • Postal Code: L3B 4J1

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