78 Geneva St
Geneva St, Queenston, St. Catharines, ON, L2R 4M9
Quick Summary
Quick Summary
- Prime investment property in downtown St. Catharines
- Priced at 7.05% 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
- Promises immediate cash flow and long-term growth
Welcome to a prime investment in downtown St. Catharines! Priced at a 7.05% 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 7.05% 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 & $1450. 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. Don't miss out this rare investments gem in booming St. Catharine's. (id:54626)
Property Details
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For Sale Nearby
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- 4
- 2
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 4
- 3
- 2
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 3
- 700 - 1,100 Sq. Ft.
- 2
- 1
- 700 - 1,100 Sq. Ft.
- 2
- 1
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