Overview
- Updated On:
- September 19, 2024
- 5 Bedrooms
- 5 Bathrooms
- 3,450 ft2
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.
Address: 78 Geneva Street, St. Catharines ON L2R 4M9
City: St. Catharines
State/County: Niagara
Zip: L2R 4M9
Country: CA
Open In Google Maps Property Id : 1985710
Price: $ 899,888
Property Size: 3,450 ft2
Bedrooms: 5
Bathrooms: 5
Other Features
Built-In Appliances
Dryer
Has Heating System
Open Parking
Refrigerator
Stove
Washer
$ 3,489.04
per month- Principal and Interest
- Property Tax
- HOA fee
$ 3,489.04
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