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78 Geneva St

Geneva St, Queenston, St. Catharines, ON, L2R 4M9

-
Beds
-
Baths
3,450
Sq. Ft.
$999,800
List Price
Details
Photos
21
Comparables
History
78 Geneva St, St. Catharines, ON - 1 of 3
78 Geneva St, St. Catharines, ON - 2 of 3
78 Geneva St, St. Catharines, ON - 3 of 3
34 days on market

Quick Summary

  • Prime investment property in downtown St. Catharines
  • Priced at 6.11% cap rate with high rental potential
  • 4/5 recently renovated vacant residential units
  • Fully operational laundromat with steady income
  • New radiant hot water heating and updated boiler
  • Fresh exterior paint and newer roof
  • Located on main thoroughfare with redevelopment potential
  • Immediate cash flow and long-term growth prospects

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 &... Show More

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:54626)

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Property Details

Size

3,450 sq. ft.
0 Beds
0 Baths

Heating & Cooling

Heating
Hot water radiator heat
Cooling
Partially air conditioned

Utilities

Water
Municipal water
Sewer
-

Source

Listing Brokerage

MLS® Listing
X8357852
Last Updated
June 19, 2024
Brokerage
RE/MAX GOLD REALTY INC.
Powered by: REALTOR.ca
Call us 800-591-0566

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