RemarksPublic: 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. (id:56069)
| MLS® Number | X10432791 |
| Property Type | Multi-family |
| Community Name | 458 - Western Hill |
| Parking Space Total | 2 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Basement Development | Unfinished |
| Basement Type | Crawl Space (unfinished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Vinyl Siding |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
| Detached Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 118 Ft |
| Size Frontage | 56 Ft |
| Size Irregular | 56 X 118 Ft |
| Size Total Text | 56 X 118 Ft|under 1/2 Acre |
| Zoning Description | M1 |
Contact us for more information
Phyllis De Prophetis
Broker
(905) 357-1700
(905) 357-1705
www.revelrealty.ca/
Dennis Deprophetis
Salesperson
(905) 357-1700
(905) 357-1705
revelrealty.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
