2
74 Macoomb Drive
$899,900 Sale
Listed 13 hours ago
· 9
· 2
· 1
· 1800
Key Facts
Key facts for 74 Macoomb Drive
Property Type
House, Sidesplit
Parking
1 garage, Private Drive Double Wide 3 parking
MLS #
40770101
Size
1800 sqft
Basement
Full,Finished
Listed on
2025-09-16
Lot size
-
Tax
$5,500 /yr
Days on Market
1
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., Directions:FIRST AVE/ WOODLAWN, Exclusions:Hwt
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Listing courtesy of: HOMELIFE DIAMONDS REALTY INC