8 Pelham Rd E St. Catharines, Ontario L2S 1P9
$679,900
Calling all savvy investors! Unlock the potential of this prime real estate opportunity in St. Catharines! Currently generating substantial income as a triplex, this property also has the capacity for expansion with the possibility of an additional 4 units, allowing for a total of 7 units. Nestled in the heart of St. Catharines, mere steps from the bustling downtown core, this investment promises both immediate returns and future growth. The existing triplex consists of 2 x 1-bedroom units and 1 x 3-bedroom unit, situated on a spacious lot that opens up the possibilities for additional units. Unit 1 boasts brand-new flooring, while Unit 3 has undergone a recent makeover with a new kitchen and bathroom. The property's updates include a new boiler installed in 2023 and a roof replacement in 2020, ensuring minimal maintenance concerns for the discerning investor. This turn-key investment is not only financially sound as a triplex, but also provides the prospect of increased returns. (id:46317)
Property Details
| MLS® Number | X7352278 |
| Property Type | Single Family |
| Parking Space Total | 3 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Vinyl Siding |
| Heating Type | Radiant Heat |
| Type | Triplex |
Parking
| Attached Garage |
Land
| Acreage | No |
| Size Irregular | 56 X 118 Ft |
| Size Total Text | 56 X 118 Ft |
https://www.realtor.ca/real-estate/26351749/8-pelham-rd-e-st-catharines
Salesperson
(905) 357-1700
8685 Lundys Lane #3
Niagara Falls, Ontario L2H 1H5
(905) 357-1700
(905) 357-1705
HTTP://www.revelrealty.ca
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December 12 2023 04:29:05
Toronto Real Estate Board
Revel Realty Inc.