50 WELLAND AVENUE
St. Catharines, Ontario, L2R2M5
For Sale | class="container" id="details-container",489,000 | 11 beds | 7 baths
Key facts
- Property type: Multi-family
- Structure: Other
- Transaction: For Sale
- Price: class="container" id="details-container",489,000
- Bedrooms: 11
- Bathrooms: 7
- Lot size: 50 x 115 FT
- Parking: 5
- Listing key: 29215755
Listing overview
Looking to grow your portfolio with a reliable income property? This well-maintained 7-unit building is ideally situated in the heart of downtown St. Catharines, steps to shopping, dining, public transit, and the city's ongoing revitalization. The property features 3 one-bedroom units and 4 two-bedroom units, all fully rented, generating a gross annual income of approx class="container" id="details-container"15,000 with positive cash flow and a strong cap rate. Benefit from the on-site parking, a low-maintenance exterior, and the added convenience of on-site laundry for extra income. This is a smart, turnkey opportunity in a high-demand rental area, perfect for any investor looking for stability and growth. Financials available. (id:25314)
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