78 Geneva Street, St. Catharines, ON, L2R 4M9

$599,999

MLS® # 40682022

Investment For Sale In Downtown St. Catharines, St. Catharines, Ontario

$599,999

Property Information:

Welcome to a prime investment in downtown St. Catharines! Priced at a 7.05% caprate with high rental potential. This property features 4/5 vacant residentialunits: two junior one-bedrooms and three large one-bedrooms, all recentlyrenovated with new floors, kitchens, washrooms, and paint. The projected rent for1 bedroom is $1200 & $1450. The main floor houses a fully operational laundromatwith 8 washers and 4 double-stacked dryers, offering steady income. Additionalfeatures include a new radiant hot water heating system, updated boiler systems,and fresh exterior paint with a newer roof. Please see brochure for completefinancial details.

Inclusions: Smoke Detector,8 Washers, 4 Double Stack Dryers, 5 Fridge, 5 Stoves, 1 Boiler For Heating, 1 Boiler For Hot Water, 1 Hot Water Tank.ind Hydro Meters

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 3450 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Unfinished
  • Construction Materials: Brick, Brick Veneer
  • Cooling: Wall Unit(s)
  • Driveway Parking: Lane/Alley Parking, Outside/Surface/Open
  • Floor Space (approx): 3450 Square Feet
  • Heating: Natural Gas, Radiator
  • Interior Features: Built-In Appliances
  • Laundry Features: Coin Operated
  • Lot Depth: 100.22 Feet
  • Lot Features: Irregular Lot, Park, Public Transit, Rec./Community Centre
  • Lot Frontage: 33.07 Feet
  • Parking Features: Exclusive, Mutual/Shared, Right-of-Way
  • Roof: Shingle
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: M1 - Com/Res Mixed Use
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: Re/Max Gold Realty Inc., Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Additional Photos