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43 Centre Street N St. Catharines, Ontario L2R 3A8

4 Bedroom 3 Bathroom 1818 sqft
None

$700,000

Discover an exceptional investment opportunity in the heart of St. Catharines with this fully tenanted property boasting a robust positive cash flow. This meticulously maintained triplex combines historic charm with modern convenience, attracting tenants seeking quality living spaces. Currently yielding a total monthly rental income of $55,800, it offers a solid financial foundation. Situated in a prime location with easy access to many amenities, each unit is designed for comfort and functionality, ensuring high tenant satisfaction and minimal turnover. With all units occupied, you can start enjoying immediate returns on your investment. Whether you're a seasoned investor or new to real estate, this property presents a lucrative opportunity for passive income and long-term growth in St. Catharines' thriving rental market. (id:27910)

Property Details

MLS® Number 40568413
Property Type Multi-family
Amenities Near By Public Transit
Equipment Type Water Heater
Features Crushed Stone Driveway
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Total 4
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Stucco, Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Stories Total 2
Size Interior 1818 Sqft
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 68 Ft
Size Frontage 58 Ft
Size Total Text Under 1/2 Acre
Zoning Description M2-92