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$669,000
Status: OFF MARKET
Investment Opportunity: Triplex with Expansion Potential in Prime St. Catharines Location Attention savvy investors! Discover an exceptional investment at 8 Pelham Rd, St. Catharines. This fully tenanted triplex, featuring 2 x 1-bedroom units and 1 x 3-bedroom unit, offers immediate income and boasts significant upside potential. With city-approved expansion possibilities, this property can accommodate an additional 4 units, transforming it into a 7-unit complex. Strategically located just steps from the vibrant downtown core, it ensures high demand and growth potential. Recent updates include a new boiler (2023), roof (2020), and upgrades in Units 1 and 3. Whether you're seeking stable returns or looking to capitalize on development opportunities, this property is a turn-key investment that positions you to profit from St. Catharines' growing market.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X9415011 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :17 Nov, 2024 (672 Days ago) |
| Source | :TRREB |
| Area | :Niagara |
|---|---|
| Postal Code | :
L2S 1P9
|
| Price | : $669,000 |
|---|---|
| Property Taxes | :$3100.00 |
| Tax Year | :2022 |
|---|
| Cross Street | :Pelham & St. Paul W |
|---|
19 Oct, 2024
TREB #X9415011
Available
$669000.0
