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.
Listed by Keller Williams Signature Realty, Brokerage
Data was last updated November 25, 2024 at 01:50 AM (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.