$700,000 $3,758 est/mo Sourced by Back At You

43 Centre Street N,St. Catharines, ON L2R 3A8

St. Catharines ON, L2R 3A8

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Description

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.

Details

MLS#40568413
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site106
Listing Provided ByKeller Williams Signature Realty, Brokerage | Dylan Suitor

Features

Bed(s)4
Bath(s)3
SQ Feet1,818
BasementY
Story(s)2
Units3
ZoningM2-92
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
ProvinceON
CountyNiagara
CitySt. Catharines
Postal CodeL2R 3A8
AreaSt. Catharines
Subarea451 Downtown
Community Name451 Downtown
Listing VS Median (in 451 Downtown)
Price:
$700,000
low | high
Med:
$515,000
76.428571428571% of Average
SqFt:
1,818
low | high
Med:
1,600
61.991199119912% of Average
$ / SqFt:
$385
low | high
Med:
$322
66.404464285714% of Average
On Site:
106
low | high
Med:
18
100% of Average
Sourced by Back At You
Listing Updated: July 5, 2024 at 2:40:26 PM PDT