Property Information:
Looking to grow your portfolio with a reliable income property? This well-maintained 7-unit building is ideally situated in the heart of downtown St. Catharines, steps to shopping, dining, public transit, and the city's ongoing revitalization. The property features 3 one-bedroom units and 4 two-bedroom units, all fully rented, generating a gross annual income of approx $115,000 with positive cash flow and a strong cap rate. Benefit from the on-site parking, a low-maintenance exterior, and the added convenience of on-site laundry for extra income. This is a smart, turnkey opportunity in a high-demand rental area, perfect for any investor looking for stability and growth. Financials available. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Other
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Air Conditioning:
Yes
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Basement Type:
Full
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Exterior Finish:
Brick
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Floor Space:
3000 - 3500 sqft
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Foundation Type:
Poured Concrete
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Heating Type:
Radiant heat
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Heating Fuel:
Natural gas
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Cooling Type:
Window air conditioner
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Appliances:
