Property Information:
ATTENTION INVESTORS, FIRST-TIME BUYERS & DEVELOPERS! Welcome to 288 First Avenue, an incredible opportunity packed with unmatched value and versatility in the heart of Welland. For first-time buyers and investors looking to add sweat equity, this solid 3-bedroom, 1-bathroom bungalow offers approximately 1,059 square feet of main-floor living space, a full basement waiting for your finishing touches, and a detached garage. The existing home needs a few cosmetic updates, the location is tough to beat—just a couple of blocks from Niagara College and surrounded by all the local amenities, shopping, and transit options you need. DEVELOPERS TAKE NOTE: The real magic here lies in the land. This house sits on a massive 70' x 159' lot zoned RL1, consisting of two 35-foot lots that are already severed. The development potential here is massive. Explore your options ranging from building modern semi-detached units, a two-unit residential setup, or maximizing the footprint for a potential multi-residential development of up to 8 units. Whether you want to renovate the existing home and build on the vacant lot, rent it out while drawing up architectural plans, or execute a full multi-unit build, the possibilities are endless. Severed packages of this size in premium locations do not come along often—schedule your viewing today and unlock the potential! (id:27)
Building Features:
-
Style:
Detached
-
Building Type:
House
-
Basement Development:
Partially finished
-
Basement Type:
Full
-
Construction Style - Attachment:
Detached
-
Exterior Finish:
Stucco
-
Floor Space:
1059 sqft
-
Foundation Type:
Block
-
Heating Type:
Forced air
-
Heating Fuel:
Natural gas
-
Cooling Type:
Central air conditioning
-
Appliances:
Dishwasher, Dryer, Refrigerator, Stove, Washer
