8 PELHAM Road Active

St. Catharines,ON L2S1P9

$ 669000

5 Beds

3 Baths

1688 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,688 sqft

Price per Sqft $396

Subdivision 458 - Western Hill

MLS Listing ID 40659252

Bedrooms 5

Originating Board Niagara Association of REALTORS®

Property Description

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:24570)

Location

Province ON

Interior

Heating Radiant heat

Cooling Wall unit

Exterior

Garage Yes

Community Features School Bus

Waterfront No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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