St. Catharines, L2P 2S5
$649,900$000000
Listed by RE/MAX ESCARPMENT REALTY INC..
Looking for an incredible investment opportunity in the heart of St. Catharines? Look no further! This remarkable triplex presents a lucrative prospect. Property Highlights: Prime Location - Situated close to the vibrant heart of downtown St. Catharines, this triplex is a short convenient drive to shopping, restaurants, parks, and public transportation, making it an attractive option for tenants. Cash Flow - With three fully occupied units generating strong and consistent rental income, this property generates a Cap Rate of just under 8%. Well-maintained units - each with 3 bedrooms, a full bathroom, spacious living areas, and shared laundry to ensure tenant satisfaction and retention. Don't miss this chance to add a high-performing asset to your portfolio in a sought-after location. Whether you're a seasoned investor or looking to enter the real estate market, this triplex presents an exceptional opportunity to secure steady cash flow in a rapidly growing area.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 4 times before. To view this property's sale price history please sign in or register: