8 PELHAM

Home Details

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:39198)

See more

Additional media

-

Property taxes

$3,100.00 per year / $258.33 per month

Basement

Unfinished, Crawl space

Year build

-

Type

Multi-family

Bedrooms

5

Bathrooms

3

Parking spots

2 Total

Floor

-

Balcony

-

Pool

-

External material

Vinyl siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Radiant heat

Fire place(s)

-