$799,000

Investment For Sale In Downtown St. Catharines, St. Catharines, Ontario

$799,000

Property Information:

Fully VACANT fourplex comprising three 1-bedroom units and one 2-bedroom unit, with potential to add a fifth unit. Conservative projected annual gross rents are approximately $75,000 as a fourplex. A building permit has been obtained and renovations are approximately 90% complete, leaving the property ready for final finishing touches. Completed work includes windows (2024), electrical service upgrade (2026), upgraded air duct system (2025), flooring (2024), kitchens (2023), bathrooms (2024), and a Phase 1 Environmental report (2023). (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 2800 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 4
  • Floor Space (approx): 2800 Square Feet
  • Irregular: Yes
  • Lot Depth: 66 Feet
  • Lot Frontage: 22 Feet
  • Lot Size: 22 x 66 FT
  • Zoning: C5
  • No. of Parking Spaces: 1

Courtesy of: MYSAK REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.