Welcome to a prime investment in downtown St. Catharines! Priced at a 6.11% cap rate with high rental potential. This property features 4/5 vacant residential units: two junior one-bedrooms and three large one-bedrooms, all recently renovated with new floors, kitchens, washrooms, and paint. The projected rent for 1 bedroom is $1200 & $1400. The main floor houses a fully operational laundromat with 8 washers and 4 double-stacked dryers, offering steady income. Additional features include a new radiant hot water heating system, updated boiler systems, and fresh exterior paint with a newer roof. Please see brochure for complete financial details. EXTRAS Located on a main thoroughfare with its own future redevelopment potential, this property promises not just immediate cash flow but also long-term growth prospects. Dont miss out this rare investments gem in booming St. Catharine's. (id:55598)
- MLS® X8357852
- Date Listed05/20/2024
- Days on Realty 91 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Property Type Multi Family
- Water Public
- Square Feet 3,450 sq. ft
- Price Per Sq. Ft $289.8
Interior Features
- Cooling Partially Air Conditioned
- Heating Hot Water Radiator Heat, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
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Frequently Asked Questions for 78 GENEVA STREET
Source: Realty.com
78 GENEVA STREET, St. Catharines, ON L2R4M9 is a Multi Family, Residential Income property listed for $999,800 The property is 3450 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 21 photos of 78 GENEVA STREET.
The full address for this home is 78 GENEVA STREET, St. Catharines, ON L2R4M9.
78 GENEVA STREET has been listed on Realty.com since Mon May 20, 2024
The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 34/100, Bike Score: 50/100.
Listing provided courtesy of:
RE/MAX GOLD REALTY INC.
(tel: (905) 290-6777)
Listing agent:
ADDY SAEED
(tel: (647) 689-5841 x)
This content last refreshed on 2024-08-19 18:09:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 78 GENEVA STREET, St. Catharines, ON L2R4M9 : MLS® X8357852