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78 Geneva Street

QueenstonSt. CatharinesON, L2M 4M9

-
Beds
-
Baths
3,450
Sq. Ft.
$599,999
List Price
78 Geneva Street, St. Catharines, ON - 1 of 3
78 Geneva Street, St. Catharines, ON - 2 of 3
78 Geneva Street, St. Catharines, ON - 3 of 3
New
2 days on market

Quick Summary

  • Lucrative investment opportunity with 5 residential units
  • Thriving laundromat business with 8 washers and 4 dryers
  • Potential to add a sixth unit in the basement
  • Updated boiler systems and approved permits
  • Detached structure with redevelopment plans nearby

Welcome to your next investment venture in the heart of St.Catharines! 5 residential & laundromet. 100K per door or 11% cap rate. This exceptional property presents a lucrative opportunity for savvy investors. Boasting two vacant residential units - two spacious one-bedroom units and three versatile bachelor suites - and a thriving... Show More

Welcome to your next investment venture in the heart of St.Catharines! 5 residential & laundromet. 100K per door or 11% cap rate. This exceptional property presents a lucrative opportunity for savvy investors. Boasting two vacant residential units - two spacious one-bedroom units and three versatile bachelor suites - and a thriving laundromat business on the main floor, equipped with 8 washer and 2 x double dryer units, this property is primed for immediate income generation. Plus, with the potential to add a sixth unit in the basement, the possibilities for maximizing returns are endless. Updated boiler systems, approved permits, and a detached structure with neighbouring properties undergoing redevelopment plans further elevate its value. Data room available in brochure link (id:54626)

Property Details

Size

3,450 sq. ft.
0 Beds
0 Baths

Lot

Size
396′0″ * 1202′0″
Acres
-

Heating & Cooling

Heating
Hot water radiator heat
Cooling
Partially air conditioned

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X11430997
Last Updated
November 28, 2024
Brokerage
RE/MAX GOLD REALTY INC.
Powered by: REALTOR.ca
Call us 800-591-0566

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