REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 729,900
Est. payment | /mo
3 Baths
1,260 SqFt
$ 729,900
Est. payment | /mo
3 Baths
1,260 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $579
Subdivision 445 - Facer
MLS Listing ID X11909920
Annual Tax Amount $3,000
Tax Year 2024
Property Sub-Type Investment
Property Description
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!
Location
Province ON
County Niagara
Community 445 - Facer
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Depth 89.6
Listed by REVEL Realty Inc., Brokerage
"My job is to deliver more results for you when you are buying or selling your property! "