$899,888 $4,831 est/mo Sourced by Back At You
78 Geneva Street , St. Catharines, ON L2R 4M9
St. Catharines, ON L2R 4M9
Description
Welcome to a prime investment in downtown St. Catharines! Priced at a 7.05% cap rate with high rental potential. This property features 4/5 vacant residential units: two junior one-bedrooms and three large one-bedrooms, all recently renovated with new floors, kitchens, washrooms, and paint. The projected rent for 1 bedroom is $1200 & $1450. The main floor houses a fully operational laundromat with 8 washers and 4 double-stacked dryers, offering steady income. Additional features include a new radiant hot water heating system, updated boiler systems, and fresh exterior paint with a newer roof. Please see brochure for complete financial details.
Details
| MLS# | 40627964 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 73 |
| Listing Provided By | Re/Max Gold Realty Inc., Brokerage | Addy Saeed |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,450 |
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Zoning | M1- Com/Res Mixed Use |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | St. Catharines |
| Postal Code | L2R 4M9 |
| Area | St. Catharines |
| Subarea | 451 Downtown |
| Community Name | 451 Downtown |
| Listing VS Median (in 451 Downtown) | |
Price: $899,888 low | high Med: $502,450 SqFt: 3,450 low | high Med: 1,290 $ / SqFt: $261 low | high Med: $413 On Site: 73 low | high Med: 87.500000 | |
Listing Updated: September 20, 2024 at 10:22:09 AM PDT
