$1,153,052

Listing currency: CA$1,595,000

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50 Welland Avenue St. Catharines, Canada L2R2M5

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. (id:7434)

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Amenities

  • Bedrooms: 11
  • Full Bathrooms: 7
  • Partial Bathrooms: 0
  • Property Type: Multi-Family
  • Home size: 0 ft2 / 0 m2
  • MLS: X12249446
  • Status: Active

Property brokered by

REVEL Realty Inc Brokerage

+1 (905) 357-1700

Get more listing details on brokerage site

Presented by Phyllis De Prophetis

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