6 Bedroom
3 Bathroom
Central Air Conditioning
Forced Air
$729,900
6.6% CAP RATE! Investors, seize the opportunity! 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! (id:38042)
Property Details
MLS® Number
|
X10432667 |
Property Type
|
Multi-family |
Community Name
|
445 - Facer |
Amenities Near By
|
Hospital |
Equipment Type
|
Water Heater - Gas |
Parking Space Total
|
6 |
Rental Equipment Type
|
Water Heater - Gas |
Building
Bathroom Total
|
3 |
Bedrooms Above Ground
|
6 |
Bedrooms Total
|
6 |
Basement Development
|
Finished |
Basement Type
|
Full (finished) |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Vinyl Siding |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Type
|
Other |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Land Amenities
|
Hospital |
Sewer
|
Sanitary Sewer |
Size Depth
|
90 Ft |
Size Frontage
|
40 Ft |
Size Irregular
|
40 X 90 Ft |
Size Total Text
|
40 X 90 Ft|under 1/2 Acre |
Zoning Description
|
R2 |