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.
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Listing General Location:
451 - Downtown, St. Catharines
Bedrooms:
4
Bathrooms:
3.0
(Full:-/Half:-)
Lot Details:
67.5 x 58
Lot Depth:
67'6"20.6 m
Lot Frontage:
58'17.7 m
Frontage Type:
North
Kitchens:
0
County Or Parish:
Niagara
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Stucco, Vinyl Siding
Basement:
Partial, Unfinished
Foundation:
Stone
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
1,818 sq. ft.169 m2
Finished Area Above Grade:
1,818 sq. ft.169 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Natural Gas
Other
Other
false
No
GENEVA
No
HST Applicable To Sale Price:
Included
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Zoning:
M2-92
Lot Site Features:
Rectangular, Public Transit
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Listed by Keller Williams Signature Realty, Brokerage
Data was last updated November 24, 2024 at 09:50 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$699,900
Min list price:
$375,000
Max list price:
$1,999,999
Avg days on market:
71
Min days on market:
11
Max days on market:
524
Avg price per sq.ft.:
$385.04
These statistics are generated based on the current listing's property type
and located in
451 - Downtown. Average values are
derived using median calculations.