Prime Multifamily Investment Opportunity 426 Queenston Street, St. Catharines - Introducing a well-maintained 20-unit multifamily building ideally located in the heart of St. Catharines. This property offers a balanced mix of fully renovated units and well-maintained legacy suites, providing both immediate income and significant value-add potential for the savvy investor. Key capital improvements include: New windows and sliding doors throughout the building, New roof (2015) and asphalt driveway (2017), High-efficiency commercial boiler and hot water tank (2017). Repainted balcony railings (completed 34 years ago). Updated common areas and hallways. Additional income streams include: Coin-operated laundry facilities, Rented storage lockers, with stable existing rents, modern upgrades already completed, and room for further unit renovations or rent optimization, 426 Queenston Street is a strong performer with excellent upside potential in a growing market. (id:4069)
Address
426 QUEENSTON STREET
List Price
$4,800,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
St Catharines (secord Woods)
Floor Area
31,409 Sq. Ft.
Lot Size
100 x 218 FT Sq. Ft.
MLS® Number
X12135223
Listing Brokerage
KELLER WILLIAMS CO-ELEVATION REALTY
Postal Code
L2P2Y2
Zoning
R3
