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$669,000
Est. payment /mo
5 Beds
3 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $446
Subdivision 458 - Western Hill
MLS® Listing ID X11971607
Bedrooms 5
Originating Board Niagara Association of REALTORS®
Property Description
Investment Opportunity: Triplex with Expansion Potential in Prime St. Catharines Location Attention savvy investors! Discover an exceptional investment at 8 Pelham Rd, St. Catharines. This fully tenanted triplex, featuring 2 x 1-bedroom units and 1 x 3-bedroom unit, offers immediate income and boasts significant upside potential. With city-approved expansion possibilities, this property can accommodate an additional 4 units, transforming it into a 7-unit complex. Strategically located just steps from the vibrant downtown core, it ensures high demand and growth potential. Recent updates include a new boiler (2023), roof (2020), and upgrades in Units 1 and 3. Whether you're seeking stable returns or looking to capitalize on development opportunities, this property is a turn-key investment that positions you to profit from St. Catharines' growing market. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Cooling Wall unit
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 1.5
Sewer Sanitary sewer
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Listed by REVEL Realty Inc., Brokerage
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4