St. Catharines, E. Chester, L2P 2W9
$299,500$000000
Listed by RE/MAX NIAGARA REALTY LTD..
This bungalow has a walkout basement that is vacant and the main floor is rented. The home is in need of extensive updating and offers potential for those seeking a project that promises rewarding returns. The main floor ONLY is currently occupied by a reliable tenant and basement is empty. Main floor tenant is paying $1100 a month, plus utilities, on a month-to-month lease - TENANT MUST BE ASSUMED, NO EXCEPTIONS. This immediate rental income presents an excellent opportunity to start recouping your investment while planning your renovation journey. With the tenant residing on the main floor, you have the freedom to explore the vacant basement WITH SEPARATE entrance - a blank slate, ready to be transformed into an in-law suite or additional living space. The possibilities are endless, and this untapped potential allows you to maximize your investment's value. The location offer easy access to amenities, schools, parks, and transportation, making it attractive to both renters and future buyers. This could be your chance to put your creative vision into action and build equity along the way. Offers are welcome anytime. NO MAIN FLOOR PHOTOS AVAILABLE.
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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.