6.6% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.6% cap rate with a gross income of $60,000. Fully occupied and boasting ample parking with a detached garage, this property is designed for convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, make it a contemporary and attractive investment. Situated near major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether expanding your portfolio or starting fresh, secure this prime investment opportunity today! (id:41966)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X11909920 |
| Property Type | Multi-family |
| Community Name | 445 - Facer |
| Bathroom Total | 3 |
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 1260 Sqft |
| Size Interior | 1260 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 89 Ft ,7 In |
| Size Frontage | 40 Ft |
| Size Irregular | Bldg=40 X 89.6 Ft |
| Size Total Text | Bldg=40 X 89.6 Ft |
| Zoning Description | R2 |
Your Mortgage Payment
Your total interest costs are:
| Payment | Total Interest | ||
| Monthly | |||
| Bi-Weekly | |||
| Weekly | |||
| Bi-Weekly Accelerated | |||
| Weekly Accelerated |
Contact me for more information
Emily worked so hard to sell our property and to find us the perfect home for our growing family. We are grateful to have found such a dedicated and pleasant agent to work with. She is so helpful and friendly and can easily become anyone’s friend. We’d recommend her to anyone!
Happy Customer
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
