6 Bedroom
3 Bathroom
1260 sqft sq. ft
Central Air Conditioning
Forced Air
$739,900
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! (id:38042)
Property Details
MLS® Number
|
40655684 |
Property Type
|
Multi-family |
AmenitiesNearBy
|
Hospital, Public Transit, Schools, Shopping |
CommunityFeatures
|
School Bus |
EquipmentType
|
Water Heater |
ParkingSpaceTotal
|
6 |
RentalEquipmentType
|
Water Heater |
Building
BathroomTotal
|
3 |
BedroomsTotal
|
6 |
BasementDevelopment
|
Finished |
BasementType
|
Full (finished) |
ConstructedDate
|
1945 |
CoolingType
|
Central Air Conditioning |
ExteriorFinish
|
Vinyl Siding |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
StoriesTotal
|
2 |
SizeInterior
|
1260 Sqft |
Type
|
Triplex |
UtilityWater
|
Municipal Water |
Parking
Land
AccessType
|
Highway Access |
Acreage
|
No |
LandAmenities
|
Hospital, Public Transit, Schools, Shopping |
Sewer
|
Municipal Sewage System |
SizeDepth
|
90 Ft |
SizeFrontage
|
40 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
R2 |