Size
-
Lot size
334.45 sqm
Street frontage
-
Possession
-
Price per sqm
$6,324
Taxes
$2,900 (2023)
Parking Type
Detached Garage
Style
-
See what's nearby
Description
6.5% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.5% cap rate with a gross income of $60,000. Fully occupied and boasting ample parking with a detached garage, this property is designed for convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, make it a contemporary and attractive investment. Situated near major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether expanding your portfolio or starting fresh, secure this prime investment opportunity today!
Broker: REVEL Realty Inc., Brokerage
MLS®#: 40655684
Property details
Parking:
6
Parking type:
Detached Garage
Property type:
Triplex
Heating type:
Forced Air
Style:
-
MLS Size:
117 sqm
Lot front:
12.19 M
Lot depth:
27.43 M
Listed on:
Oct 1, 2024
Show all details
Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
i
High-
Mid-
Low-