Attention savvy investors! Investment Opportunity! Triplex with Expansion Potential in Prime St. Catharines Location. Discover an exceptional investment at 8 Pelham Rd, St. Catharines. This fully tenanted triplex, featuring 2 x 1-bedroom units and 1 x 3-bedroom unit, offers immediate income and boasts significant upside potential. With city-approved expansion possibilities, this property can accommodate an additional 4 units, transforming it into a 7-unit complex. Strategically located just steps from the vibrant downtown core, it ensures high demand and growth potential. Recent updates include a new boiler (2023), roof (2020), and upgrades in Units 1 and 3. Whether you're seeking stable returns or looking to capitalize on development opportunities, this property is a turn-key investment that positions you to profit from St. Catharines' growing market. Financial statement available. (id:41966)
| MLS® Number | X12176472 |
| Property Type | Multi-family |
| Community Name | 458 - Western Hill |
| Parking Space Total | 2 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Basement Type | Crawl Space |
| Cooling Type | Wall Unit |
| Exterior Finish | Vinyl Siding |
| Fireplace Present | No |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 1500 - 2000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 118 Ft |
| Size Frontage | 56 Ft |
| Size Irregular | 56 X 118 Ft |
| Size Total Text | 56 X 118 Ft |
| Zoning Description | M1 |
Your Mortgage Payment
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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
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