Size
-
Lot size
3600 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
$3,000 (2024)
Parking Type
-
Style
1 1/2 Storey
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Description
6.6% CAP RATE! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.6% 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®#: X11909918
Property details
Parking:
6
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
1 1/2 Storey
MLS Size:
-
Lot front:
40 Ft
Lot depth:
90 Ft
Listed on:
Jan 6, 2025
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Instant estimate:
orto view instant estimate
$41,905
lower than listed pricei
High
$701,755
Mid
$687,995
Low
$650,619
