Possibilities abound with this turn-key 8-unit investment opportunity in a prime location near downtown St. Catharines. This well-maintained building features 8 spacious 2-bedroom 1-bathroom units with tenants paying hydro. Currently, there are no vacancies. Also, included as a standout bonus is the leased 37-space parking lot, which currently generates an additional $3200 per month in rental income. Continue leasing for steady cash flow or explore alternative uses to maximize value through your own due diligence. Situated in a high-demand area close to transit, amenities, and the downtown core, this property offers both stability and growth potential and is ideal for investors looking to expand their portfolio with a solid, income-producing asset with an already built-in opportunity for increased returns. (id:58067)
Possibilities abound with this turn-key 8-unit investment opportunity in a prime location near downtown St. Catharines. This well-maintained building features 8 spacious 2-bedroom 1-bathroom units with tenants paying hydro. Currently, there are no vacancies. Also, included as a standout bonus is the leased 37-space parking lot, which currently ...
generates an additional $3200 per month in rental income. Continue leasing for steady cash flow or explore alternative uses to maximize value through your own due diligence. Situated in a high-demand area close to transit, amenities, and the downtown core, this property offers both stability and growth potential and is ideal for investors looking to expand their portfolio with a solid, income-producing asset with an already built-in opportunity for increased returns. (id:58067)
Listed by
The content on this website is owned or controlled by CREA and is protected
by copyright and other laws. It is intended
solely for the private, non-commercial use by individuals. Any other reproduction,
distribution or use of the content, in whole or in part, is specifically prohibited.
Prohibited uses include commercial use, “screen scraping”, “database scraping”, and
any other activity intended to collect, store, reorganize or manipulate the content of
this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned
by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate
Association (CREA). These certification marks identify real estate professionals who are
members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR®
Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the
professional real estate services provided by members of CREA.
The information contained on this website is based on information
that is provided by members of CREA, who are responsible for its accuracy, through the DATA DISTRIBUTION FACILITY (DDF®) feed. CREA
reproduces and distributes this information as a service for its members, and assumes
no responsibility for its completeness or accuracy.