Our Listings
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8 PELHAM Road in St. Catharines: Multi-family for sale : MLS®# 40571651
8 PELHAM Road St. Catharines L2S 1P9 
$669,000Multi-family- Status:
- Active
- MLS® Num:
- 40571651
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,688 sq. ft.
Calling all savvy investors! Unlock the potential of this prime real estate opportunity in St. Catharines! Currently generating substantial income as a triplex, this property also has the capacity for expansion with the possibility of an additional 4 units, allowing for a total of 7 units. Nestled in the heart of St. Catharines, mere steps from the bustling downtown core, this investment promises both immediate returns and future growth. The existing triplex consists of 2 x 1-bedroom units and 1 x 3-bedroom unit, situated on a spacious lot that opens up the possibilities for additional units. Unit 1 boasts brand-new flooring, while Unit 3 has undergone a recent makeover with a new kitchen and bathroom. The property's updates include a new boiler installed in 2023 and a roof replacement in 2020, ensuring minimal maintenance concerns for the discerning investor. This turn-key investment is not only financially sound as a triplex, but also provides the prospect of increased returns and a strategic investment move. Seize this opportunity to diversify your portfolio and capitalize on the growing real estate market in St. Catharines! (id:2493) More detailsListed by REVEL Realty Inc., Brokerage- PHYLLIS DE PROPHETIS
- REVEL REALTY INC BROKERAGE
- 1 (905) 380-4338
- phyllis@revelrealty.ca
- DENNIS DE PROPHETIS
- REVEL REALTY INC BROKERAGE
- 905-380-3366
- dennis@revelrealty.ca
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43 COSBY Avenue in St. Catharines: Multi-family for sale : MLS®# 40543144
43 COSBY Avenue St. Catharines L2M 5R7
$749,000Multi-family- Status:
- Active
- MLS® Num:
- 40543144
- Bedrooms:
- 6
- Bathrooms:
- 3
- Floor Area:
- 1,260 sq. ft.
Investors, seize the opportunity! Generating over a 6% cap rate, this meticulously updated 3-unit building nestled in the bustling heart of St. Catharines, has a gross income of $60,000. Fully occupied, this property boasts ample parking and a detached garage for added convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, ensure a contemporary and attractive investment. Situated in close proximity to major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether you're expanding your existing portfolio or venturing into real estate investment for the first time, this is the ideal opportunity to secure a property that combines a strong cap rate with a strategic location. Don't miss out on the chance to enhance or kickstart your investment portfolio! (id:2493) More detailsListed by REVEL Realty Inc., Brokerage- PHYLLIS DE PROPHETIS
- REVEL REALTY INC BROKERAGE
- 1 (905) 380-4338
- phyllis@revelrealty.ca
- DENNIS DE PROPHETIS
- REVEL REALTY INC BROKERAGE
- 905-380-3366
- dennis@revelrealty.ca
Data was last updated April 25, 2024 at 12:45 AM (UTC)
