Overview
|Description
Looking to grow your portfolio with a reliable income property? This well-maintained 7-unit building is ideally situated in the heart of downtown St. Catharines, steps to shopping, dining, public transit, and the city’s ongoing revitalization. The property features 3 one-bedroom units and 4 two-bedroom units, all fully rented, generating a gross annual income of approx $115,000 with positive cash flow and a strong cap rate. Benefit from the on-site parking, a low-maintenance exterior, and the added convenience of on-site laundry for extra income. This is a smart, turnkey opportunity in a high-demand rental area, perfect for any investor looking for stability and growth. Financials available.
Additional Details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: Window Unit(s)
- County: Niagara
- Property Type: Residential
- Pool: None
- Architectural Style: 3-Storey
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