Looking to grow your portfolio with a reliable income property? This well-maintained 7-unit building is ideally situated in the heart of downtown St. Catharines, steps to shopping, dining, public transit, and the city's ongoing revitalization. The property features 3 one-bedroom units and 4 two-bedroom units, all fully rented, generating a gross annual income of approx $115,000 with positive cash flow and a strong cap rate. Benefit from the on-site parking, a low-maintenance exterior, and the added convenience of on-site laundry for extra income. This is a smart, turnkey opportunity in a high-demand rental area, perfect for any investor looking for stability and growth. Financials available.
City: St. Catharines
Located at 50 Welland Avenue , this St. Catharines house was listed for $1,520,000. It has 11 bedrooms and 7 bathrooms. The property includes the following rooms: . This property comes with 5 parking spots.
MLS#: undefined · $1,520,000 · 11 bedroom house in St. Catharines