43 Centre Street N St. Catharines, Ontario L2R 3A8
$700,000
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 to 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. (id:50886)
Property Details
| MLS® Number | 40568413 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit |
| EquipmentType | Water Heater |
| Features | Crushed Stone Driveway |
| ParkingSpaceTotal | 2 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 4 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| CoolingType | None |
| ExteriorFinish | Stucco, Vinyl Siding |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| StoriesTotal | 2 |
| SizeInterior | 1818 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 68 Ft |
| SizeFrontage | 58 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | M2-92 |
https://www.realtor.ca/real-estate/26723088/43-centre-street-n-st-catharines
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Dylan Suitor
Salesperson
245 Wyecroft Rd - Suite 4a
Oakville, Ontario L6K 3Y6
Chris Spoelstra
Salesperson
245 Wyecroft Rd - Suite 4a
Oakville, Ontario L6K 3Y6
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September 19 2024 08:31:11
Oakville, Milton & District Real Estate Board
Keller Williams Signature Realty, Brokerage