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78 Grass Avenue St. Catharines, Ontario L2R 1T1

1265 sqft
Multi-Unit Forced Air

$599,800

Discover the perfect investment opportunity with this fully renovated duplex in the heart of St. Catharines. Ideal for investors seeking passive income. This unique side-by-side duplex features 2 meticulously updated units (2020 by the previous owner). Both units boast modern kitchens, carpet-free, luxury vinyl flooring, beautifully renovated bathrooms & in-suite laundry in both units. The extensive renovations include updated plumbing & electrical systems, ensuring peace of mind & low maintenance for years to come. Each unit has separate hydro meters, providing convenience & efficiency for tenants. Furnace updated January 2024. Washer & dryer in back unit replaced 2024. The current owner has maintained everything on the property. Both units are currently tenanted. Current rent for Unit 1 is $2,200/month + hydro and current rent for Unit 2 is $1,230/month + hydro. This property offers a unique blend of immediate rental income & potential for future growth, making it a desirable investment in the 2024 market. Don’t miss out on this turnkey investment opportunity! Just steps to 12 Mile Creek, close to all amenities & bus routes. Vacant interior photos of Unit 2 from 2021. (id:31697)

Business

BusinessType Residential
BusinessSubType Residential

Property Details

MLS® Number H4205774
Property Type Multi-family
AmenitiesNearBy Public Transit, Recreation, Schools
CommunityFeatures Community Centre
EquipmentType None
Features Park Setting, Park/reserve, Paved Driveway, Level
ParkingSpaceTotal 2
RentalEquipmentType None

Building

Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
ArchitecturalStyle Multi-unit
BasementDevelopment Finished
BasementType Partial (finished)
ConstructedDate 1941
ConstructionStyleAttachment Detached
FireProtection Smoke Detectors
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeExterior 1265 Sqft
SizeInterior 1265 Sqft
Type Apartment
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Public Transit, Recreation, Schools
Sewer Municipal Sewage System
SizeDepth 98 Ft
SizeFrontage 42 Ft
SizeIrregular 42 X 98.7
SizeTotalText 42 X 98.7|under 1/2 Acre
ZoningDescription R2

https://www.realtor.ca/real-estate/27375622/78-grass-avenue-st-catharines

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