Size
1430 sqft
Lot size
385.08 sqm
Street frontage
S
Possession
-
Price per sqm
$5,262
Taxes
-
Parking Type
None
Style
1 1/2 Storey
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Description
Discover the perfect investment opportunity with this fully renovated duplex in the heart of St. Catharines. Ideal for investors seeking passive income or those looking to live in 1 unit while renting out the other. This unique side-by-side duplex features 2 meticulously updated units (2020 by the previous owner). This layout feels like you have your own home at the front unit & a main floor living area in the back unit with the bedroom in the basement. Both units boast modern kitchens, carpet-free, luxury vinyl flooring, beautifully renovated bathrooms & in-suite laundry in both units. The extensive renovations include updated plumbing & electrical systems, ensuring peace of mind & low maintenance for years to come. Each unit has separate hydro meters providing convenience & efficiency for tenants. Furnace updated Jan 2024. Washer & dryer in back unit replaced 2024. The current owner has maintained everything on the property. Unit 1 will be vacant June 30, ready for occupancy or leasing July 1, while the other unit is tenanted with a reliable renter who wishes to stay. Projected rent for Unit 1 is $2,500/mo & current rent for Unit 2 is $1,230/mo. This property offers a unique blend of immediate rental income & potential for future growth, making it a desirable investment in the 2024 market. Don’t miss out on this turnkey investment opportunity! Just steps to 12 Mile Creek, close to all amenities & bus routes which makes it great for tenants. Vacant interior photos from 2021.
Broker: Keller Williams Complete Realty
MLS®#: H4194633
Property details
Parking:
2
Parking type:
None
Property type:
Detached
Heating type:
Forced Air
Style:
1 1/2 Storey
MLS Size:
133 sqm
Lot front:
12.8 M
Lot depth:
30.18 M
Listed on:
May 24, 2024
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