78 Geneva Street

St. Catharines, ON

MLS® 40682022

For sale
$599,999

Bedrooms
5
Bathrooms
6
Welcome to a prime investment in downtown St. Catharines! Priced at a 7.05% cap rate with high rental potential. This property features 4/5 vacant residential units: two junior one-bedrooms and three large one-bedrooms, all recently renovated with new floors, kitchens, washrooms, and paint. The projected rent for 1 bedroom is $1200 & $1450. The main floor houses a fully operational laundromat with 8 washers and 4 double-stacked dryers, offering steady income. Additional features include a new radiant hot water heating system, updated boiler systems, and fresh exterior paint with a newer roof. Please see brochure for complete financial details.
Property Details
Parking Total
8
Property Type
Residential
Community Features
Irregular Lot
Park
Public Transit
Rec./Community Centre
Building
Appliances
Dryer
Refrigerator
Stove
Washer
Basement Type
Separate Entrance
Full
Unfinished
Bathrooms
6
Bedrooms
5
Building Type
Multi-6-9 Unit
Cooling
Wall Unit(s)
Construction Materials
Brick
Brick Veneer
Security Features
Smoke Detector
Heating
Natural Gas
Radiator
Roof
Shingle
Sewer
Sewer (Municipal)
Stories
2
Water Source
Municipal
Building Amenities
Built-In Appliances
Land
Lot Depth
100.22 ft
Lot Front
33.07 ft
Acres
< 0.5 Acres
Zoning
M1 - Com/Res Mixed Use
Walk Score
RE/MAX Gold Realty Inc., Brokerage

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Listing ID: 155780075
Last Updated: 2024-11-29 08:41:51