$599,999 $3,221 forsale estimated payment 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 | 40682022 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 14 |
| Listing Provided By | Re/Max Gold Realty Inc., Brokerage | Addy Saeed |
Features
| Beds | 5 |
|---|---|
| Baths | 6 |
| Sq Feet | 3,450 |
| Basement | Y |
| Storys | 2 |
| Units | 6 |
| Zoning | M1 - Com/Res Mixed Use |
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Learn More About This Property
| State | ON |
|---|---|
| County | Niagara |
| City | St. Catharines |
| Zip Code | L2R 4M9 |
| Area | Niagara Falls |
| Subarea | 210 Downtown |
| Community Name | 210 Downtown |
| Listing VS Median (in 210 Downtown) | |
Price: $599,999 low | high Med: $459,000 SqFt: 3,450 low | high Med: 1,400 $ / SqFt: $174 low | high Med: $328 On Site: 14 low | high Med: 27.000000 | |
Listing Updated: November 28, 2024 at 6:47:39 PM PST