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.
MLS# | 40566828 |
---|---|
Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 215 |
Listing Provided By | Keller Williams Signature Realty, Brokerage | Dylan Suitor |
Bed(s) | 4 |
---|---|
Bath(s) | 3 Total |
SQ Feet | 1,818 |
Basement | Y |
Units | 3 |
Zoning | M2-92 |
Province | ON |
---|---|
County | Niagara |
City | St. Catharines |
Postal Code | L2R 3A8 |
Area | St. Catharines |
Subarea | 451 Downtown |
Community Name | 451 Downtown |
Listing VS Median (in 451 Downtown) | |
Price: $700,000 low | high Med: $494,444 SqFt: 1,818 low | high Med: 1,049 $ / SqFt: $385 low | high Med: $516 On Site: 215 low | high Med: 18.000000 |