8 Pelham Road St. Catharines, Ontario L2S 1P9
$669,000
RemarksPublic: Investment Opportunity: Triplex with Expansion Potential in Prime St. Catharines Location Attention savvy investors! Discover an exceptional investment at 8 Pelham Rd, St. Catharines. This fully tenanted triplex, featuring 2 x 1-bedroom units and 1 x 3-bedroom unit, offers immediate income and boasts significant upside potential. With city-approved expansion possibilities, this property can accommodate an additional 4 units, transforming it into a 7-unit complex. Strategically located just steps from the vibrant downtown core, it ensures high demand and growth potential. Recent updates include a new boiler (2023), roof (2020), and upgrades in Units 1 and 3. Whether you're seeking stable returns or looking to capitalize on development opportunities, this property is a turn-key investment that positions you to profit from St. Catharines' growing market. (id:38042)
Property Details
| MLS® Number | X10432791 |
| Property Type | Multi-family |
| Community Name | 458 - Western Hill |
| Parking Space Total | 2 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Basement Development | Unfinished |
| Basement Type | Crawl Space (unfinished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Vinyl Siding |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 118 Ft |
| Size Frontage | 56 Ft |
| Size Irregular | 56 X 118 Ft |
| Size Total Text | 56 X 118 Ft|under 1/2 Acre |
| Zoning Description | M1 |
Contact Us
Contact me for more information or to see it in person
December 05 2024 04:53:56
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage