Discover an exceptional investment opportunity in the heart of St. Catharines with this fully tenanted property boasting a robust positive cash flow. This meticulously maintained triplex combines historic charm with modern convenience, attracting tenants seeking quality living spaces. Currently yielding a total monthly rental income of $55,800, it offers a solid financial foundation. Situated in a prime location with easy access to many amenities, each unit is designed for comfort and functionality, ensuring high tenant satisfaction and minimal turnover. With all units occupied, you can start enjoying immediate returns on your investment. Whether you're a seasoned investor or new to real estate, this property presents a lucrative opportunity for passive income and long-term growth in St. Catharines' thriving rental market. (id:47423)
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Detailed Information
Bedrooms
4
Bathrooms
3
Lot
58 x 68 ft
Amenities Nearby
Public Transit
Equipment
Water Heater
Features
Crushed stone driveway
Listing Contract Date
2024-04-04
Location Description
GENEVA
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
M2-92
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Cooling Type
None
Exterior Finish
Stucco, Vinyl siding
Foundation Type
Stone
Heating Fuel
Natural gas
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Public Transit
Sewer
Municipal sewage system
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