$770,000

Commercial For Sale In The Haig, St. Catharines (451 - Downtown), Ontario

$770,000
  • 11

    Bedrooms

  • 3

    Baths

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    Unit=42 x 96 FT

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    LOT SIZE

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Property Information:

$6000 month income. 10 Long Term Tenants 10 occupied bedrooms for cash flow. Highly needed and in demand rooming house situation. Zoning is R3 and currently recognized as a duplex, 3 hydro meters, 3 separate units each with exterior entrances with 5 bedrooms on 1st and 2nd floor apts. The property is being sold as is with the current long term tenant arrangement -10 occupied rooms @$6000 month, $72000yr. approx $58k Net after taxes, utilities etc. Highly tenantable area with transit and walking distance to grocery, doctors, amenities. 42x96 lot with single drive leading to open rear yard parking. the 1 bed basement apartment is vacant buyer to do their own due diligence on conversion. The basement apt was added by the previous owner, it may need some fire separation retro-fit and an electrical inspection. (id:27)

Building Features:

  • Style: Business
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Stucco
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Business
  • Bedrooms: 11
  • Bathrooms: 3
  • Amenities Nearby: Public Transit
  • Features: Laundry- Coin operated
  • Irregular: Yes
  • Lot Depth: 96.0 Feet
  • Lot Frontage: 42.0 Feet
  • Lot Size: Unit=42 x 96 FT
  • Zoning: R3
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 4

Courtesy of: Royal LePage NRC Realty

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