List Price: $669,000
MLS# X10432791
Brokerage: REVEL Realty Inc., Brokerage
RemarksPublic: 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.
| Washrooms | 3 |
|---|---|
| Bedrooms | 5 |
| Basement | Crawl Space |
| Lot Front | 56.00 |
| Lot Depth | 118.00 |
| Central Vac | |
| Days On Market | 8.0 |
| Heat Source | Other |
| Garage Type | Detached |
| Approx Age | |
| Approx Square Footage | |
| Taxes | 3100.00 |
| Type | Triplex |
| Community | 458 - Western Hill |
| Air Conditioning | Wall Unit |
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