24 Herrick Avenue Sold 5 months ago

St. Catharines, L2P 2S5

$649,900$000000

Description

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.

Location

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  • Address: 24 Herrick Avenue
  • Neighborhood:
  • City: St. Catharines
  • State: Ontario
  • Postal Code: L2P 2S5

Property Details

  • Property ID: X8092594
  • Property Price: $649,900
  • Style: Triplex, 2-Storey
  • Sq/Ft: 1500-2000
  • Rooms: 11+6
  • Bedrooms: 6+3
  • Bath: 3
  • Parking Spaces: 6
  • Year Built: 51-99
  • Basement: Fin W/O, Full
  • Den: Y
  • Exterior: Alum Siding, Vinyl Siding
  • Heating: Baseboard
  • Fireplace: N
  • Taxes: $3,687.25 (2023)
  • Acreage: < .50 Acres
  • Lot: 91.00x45.00 (Feet)

Room details and dimensions

Statistics for similar Triplex homes in

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Average days on market for similar Triplex homes in

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.

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Property History

This property has been sold 4 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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