80 Page Street St. Catharines, Ontario L2R 4A9
$659,000
Fully Rented, High-Return Legal Triplex The Perfect Investment to Grow Your Porfolio! 6% Cap Rate Strong profitability, fully leased Positive Cash Flow Over $1,000 + in monthly returns! Turn-Key Property Start earning from Day One. This fully rented, newly renovated legal triplex is the ideal investment for those seeking high-yield returns with minimal effort. Each unit has been upgraded with care and modernized under permit for a smooth, worry-free transition. Perfectly located near daycares, schools, and a short walk to transit, this property appeals to a wide range of tenants and provides unmatched convenience. Here's what each unit offers: Cozy and thoughtfully designed, Outfitted with sleek, energy-efficient appliances, Stylish finishes for a modern touch. Each unit has been finished with fresh paint, modern trim, upgraded flooring, and new windows. Individual ductless heating and cooling systems enhance year-round comfort and appeal to todays energy-conscious renters. For savvy investors, a detailed proforma with actual income and expenses is available, showcasing this property's exceptional cash flow. With parking on-site and a prime location, this is a rare, income-generating asset you don't want to miss. Take the next step toward expanding your profitable real estate portfolio today! (id:50886)
Property Details
| MLS® Number | X9367166 |
| Property Type | Single Family |
| AmenitiesNearBy | Public Transit, Schools |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Amenities | Separate Heating Controls |
| BasementDevelopment | Unfinished |
| BasementType | Crawl Space (unfinished) |
| CoolingType | Wall Unit |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Electric |
| HeatingType | Other |
| StoriesTotal | 2 |
| SizeInterior | 1499.9875 - 1999.983 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 56 Ft ,7 In |
| SizeFrontage | 79 Ft ,2 In |
| SizeIrregular | 79.2 X 56.6 Ft |
| SizeTotalText | 79.2 X 56.6 Ft|under 1/2 Acre |
| ZoningDescription | M1 |
https://www.realtor.ca/real-estate/27466249/80-page-street-st-catharines
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Emily Desantis
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October 30 2024 07:02:21
Toronto Real Estate Board
RE/MAX Niagara Realty Ltd.