2 Bedroom
4,369 ft2
Fully Air Conditioned
Forced Air
$799,000
249253 Church St. offers a strong investment opportunity in central St. Catharines with a mix of residential and commercial income. The property includes four 2-bedroom apartments and a main floor commercial space previously used as a salon/barbershop. Each apartment has its own furnace, HVAC system, and hydro meter, plus theres a coin laundry at the rear for tenant use.Gross monthly income is $5,729 ($68,748 annually - commercial unit currently vacant).The property is ideally located in a downtown area experiencing major growth, with over $200 million invested in recent years and the redevelopment of the former 11-acre hospital site into new residential projects. This neighbourhood is next in line for significant transformation, making this a prime time to invest. (id:61594)
Property Details
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MLS® Number
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X12475056 |
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Property Type
|
Multi-family |
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Community Name
|
450 - E. Chester |
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Amenities Near By
|
Highway, Recreation |
Building
|
Bedrooms Total
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2 |
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Cooling Type
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Fully Air Conditioned |
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Heating Fuel
|
Natural Gas |
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Heating Type
|
Forced Air |
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Size Interior
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4,369 Ft2 |
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Type
|
Multi-family |
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Utility Water
|
Municipal Water |
Land
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Acreage
|
No |
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Land Amenities
|
Highway, Recreation |
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Size Depth
|
64 Ft |
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Size Frontage
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54 Ft ,1 In |
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Size Irregular
|
54.1 X 64 Ft |
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Size Total Text
|
54.1 X 64 Ft |
|
Zoning Description
|
M1 |
https://www.realtor.ca/real-estate/29017175/249-253-church-street-st-catharines-e-chester-450-e-chester