property-description
Calling all savvy investors! Unlock the potential of this prime real estate opportunity in St. Catharines! Currently generating substantial income as a triplex, this property also has the capacity for expansion with the possibility of an additional 4 units, allowing for a total of 7 units. Nestled in the heart of St. Catharines, mere steps from the bustling downtown core, this investment promises both immediate returns and future growth. The existing triplex consists of 2 x 1-bedroom units and 1 x 3-bedroom unit, situated on a spacious lot that opens up the possibilities for additional units. Unit 1 boasts brand-new flooring, while Unit 3 has undergone a recent makeover with a new kitchen and bathroom. The property's updates include a new boiler installed in 2023 and a roof replacement in 2020, ensuring minimal maintenance concerns for the discerning investor. This turn-key investment is not only financially sound as a triplex, but also provides the prospect of increased returns and a strategic investment move. Seize this opportunity to diversify your portfolio and capitalize on the growing real estate market in St. Catharines! (id:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $3,100Last Updated
: Mon, April 22, 2024Mls Num
: 40571651Listing Date
: Apr 15, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.105Sq Ft Raw
: detailsSection.sqftSub Division
: 458 - Western Hill
detailsSection.headers.interiorFeatures
Heating
: Radiant heatBasement
: Unfinished, Crawl space
detailsSection.headers.utilities
Sewer
: Municipal sewage system
detailsSection.headers.other
Parking Features
: Detached GarageExterior Features
: Vinyl siding
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