An exceptional, fully rented 5-plex in vibrant downtown St. Catharines is now available, offering five spacious one-bedroom apartments that generate a strong annual gross income of approximately $85,000. This meticulously maintained, turn-key investment is perfectly positioned in a highly desirable urban core, providing tenants with convenient access to a multitude of downtown amenities, including diverse shops, acclaimed restaurants, entertainment venues like the FirstOntario Performing Arts Centre and Meridian Centre, and the historic St. Catharines Farmers Market, all within walking distance. Added tenant convenience comes from three dedicated parking spots located at the rear of the property and excellent public transit connectivity throughout the city. This property presents a fantastic opportunity for immediate cash flow and long-term appreciation in a thriving community. (id:4069)
Address
180 JAMES STREET
List Price
$1,100,000
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
St Catharines (downtown)
Bedrooms
5
Bathrooms
5
Floor Area
25,003,000 Sq. Ft.
Lot Size
40 x 115 FT Sq. Ft.
MLS® Number
X12237918
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE
Basement Area
N/A (Unfinished)
Postal Code
L2R5C5
Zoning
C1
Site Influences
Place of Worship, Public Transit
Features
Flat site
