7341 sqft
Fully Air Conditioned
Radiant Heat
$1,750,000
Welcome to a prime investment opportunity in the heart of St Catharines, Ontario, located in the desirable Glenridge community known for its strong rental demand and stable property values. This centrally-located property features five well-maintained apartment units, each separately metered and fully turn-key. All units currently tenanted with nearly all rents up-to-date, this property promises an immediate and steady income. Proximity to Brock University makes this property particularly attractive for students, faculty, and staff. Tenants will appreciate easy access to shopping, nature trails, and other local amenities such as the nearby Meridian Centre and St Catharine's Golf & Country Club, in addition to central transit and four local bus routes. Additionally, quick access to major highways ensures easy travel throughout the region. Seller Does Not Warrant Retrofit Status of Apt. (id:47351)
Business
BusinessType
|
Residential |
BusinessSubType
|
Apartments |
Property Details
MLS® Number
|
X10407035 |
Property Type
|
Multi-family |
AmenitiesNearBy
|
Highway |
Features
|
Conservation/green Belt |
ParkingSpaceTotal
|
5 |
Building
CoolingType
|
Fully Air Conditioned |
HeatingType
|
Radiant Heat |
SizeInterior
|
7341 Sqft |
Type
|
Multi-family |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Highway |
SizeDepth
|
141 Ft |
SizeFrontage
|
50 Ft |
SizeIrregular
|
50 X 141 Ft |
SizeTotalText
|
50 X 141 Ft |
ZoningDescription
|
R3 |
https://www.realtor.ca/real-estate/27616255/2-south-drive-st-catharines