Great Opportunity To Purchase A Turn-Key - 4 Unit Rental Property. Located In A Central Location, Close To Schools, Shopping And Highway Access. This Property Has Been Well Cared For By The Current Owner For The Last 9 Years. During This Time Extensive Updates And Renovations Have Taken Place. Leaving The Buyer With No Foreseen...
Great Opportunity To Purchase A Turn-Key - 4 Unit Rental Property. Located In A Central Location, Close To Schools, Shopping And Highway Access. This Property Has Been Well Cared For By The Current Owner For The Last 9 Years. During This Time Extensive Updates And Renovations Have Taken Place. Leaving The Buyer With No Foreseen Capital Work Or Major Renovations For The Foreseeable Future. The Rents Are Below Market And Will Allow The Buyer Plenty Of Upside When The Units Turn Over. Updates Include: Furnace 2018, Shingles 2022, Hot Water Tank 2021, Electrical Panel, Replacement Windows (Different Stages Of Replacement). Foundation Waterproofing 2013, Basement Spray Foam Insulated In 2013, Rear Staircase For 2nd Entrance From Upper Apartment 2019. Fire Safety; There Are Interconnected Smoke And Co2 Detectors Throughout, A Sprinkler Head In The Mechanical Room And Vertical And Horizontal Fire Separation Installed In 2010 (As Per City Of St.Catharines Building Permit) All Units Have Received Updates, Two Of The 4 Units Have Stackable Washer & Dryers, The Two Bedroom Also Has A Dishwasher. The Units Themselves Have Been Updated In Different Stages Including But Not Limited Too, Pot Lighting, Glass Shower
Property Details
Size
Parking
Build
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
Sold Nearby
- 4
- 1
- 1,100 - 1,500 Sq. Ft.
- 3
- 3
- 4
- 2
- 4
- 4
- 4
- 3
- 3
- 2
- 1,500 - 2,000 Sq. Ft.
- 2
- 2
- 700 - 1,100 Sq. Ft.
- 1
- 1
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