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$ 650,000
Est. payment | /mo
5 Beds
3 Baths
$ 650,000
Est. payment | /mo
5 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X11882517
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,293
Tax Year 2023
Property Description
Discover an exceptional investment opportunity in the heart of St. Catharines with this fully tenanted property boasting a robust positive cash flow. This meticulously maintained triplex combines historic charm with modern convenience, attracting tenants seeking quality living spaces. Currently yielding a total monthly rental income of $55,800, it offers a solid financial foundation. Situated in a prime location with easy access too many amenities, each unit is designed for comfort and functionality, ensuring high tenant satisfaction and minimal turnover. With all units occupied, you can start enjoying immediate returns on your investment. Whether you're a seasoned investor or new to real estate, this property presents a lucrative opportunity for passive income and long-term growth in St. Catharines' thriving rental market.
Location
Province ON
County Niagara
Area Niagara
Rooms
Family Room No
Basement Unfinished
Kitchen 1
Interior
Interior Features Carpet Free
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 2.0
Pool None
Roof Type Shingles
Lot Depth 67.5
Total Parking Spaces 2
Building
Foundation Other
Listed by Keller Williams Signature Realty, Brokerage
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