Size
-
Lot size
7310 sqft
Street frontage
-
Possession
30-59 days
Price per sqft
$225 - $263
Taxes
$3,569 (2025)
Parking Type
-
Style
2-Storey
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Description
Investment Opportunity - Turnkey Fourplex in the Heart of St. Marys An exceptional opportunity to acquire a well-performing fourplex in one of St. Marys' established residential neighbourhoods. Ideally situated on the prominent corner of Park Street and Wellington Street, 128 Park Street offers investors a stable, income-producing asset with strong financial performance and long-term growth potential. Generating approximately $67,000 in annual gross rental income and boasting a Net Operating Income (NOI) of $48,367, this property is offered at $789,000, presenting an attractive capitalization rate for investors seeking dependable cash flow and future appreciation. Corner lot positioning provides excellent curb appeal, strong tenant appeal, and long-term redevelopment potential, while the property's location offers convenient access to downtown amenities, parks, schools, shopping, and major commuter routes. Whether you're expanding an existing portfolio or acquiring your first multi-family investment, this turnkey fourplex delivers the fundamentals investors are looking for: consistent income, proven performance, and a desirable location in the growing community of St. Marys.
Broker: NU-VISTA PINNACLE REALTY BROKERAGE INC
MLS®#: X13584986
Property details
Parking:
7
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
147 Ft
Lot depth:
49 Ft
Listed on:
Jul 20, 2026
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Instant estimate:
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$8,644
lower than listed pricei
High
$830,490
Mid
$780,356
Low
$759,127
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