Turnkey 5 PLEX apartment building in the up and coming Town of Lindsay! This beautiful and money making property is a legal non-confirming 5-plex nicely situated on a 62 x 173' lot located in South Lindsay. Tenants love the location because it is walking distance to downtown and all the amenities one could desire! Nestled into a mature residential neighbourhood filled with stunning homes and unique architecture. The property boasts 3 one bedroom apartments, 1 two bedroom Apartment and 1 bachelor apt. All units are fully rented with great tenants. With strong rents and low operating costs this property runs itself and makes you money! The full basement offers plenty of room for storage and potential to add future value to the building! The backyard is massive and could be an opportunity to expand the building and add more rental suites in the future! Newer high efficiency boiler (2019). If you're looking to add a turnkey property to your investment portfolio, this is it!More details
Listed by Keller Williams Signature Realty, Brokerage
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.More details
Listed by Keller Williams Signature Realty, Brokerage