24 Herrick Ave St. Catharines, Ontario L2P 2S5
$649,900
Looking for an incredible investment opportunity in the heart of St. Catharines? Look no further! This remarkable triplex presents a lucrative prospect. Property Highlights: Prime Location - Situated close to the vibrant heart of downtown St. Catharines, this triplex is a short convenient drive to shopping, restaurants, parks, and public transportation, making it an attractive option for tenants. Cash Flow - With three fully occupied units generating strong and consistent rental income, this property generates a Cap Rate of just under 8%. Well-maintained units - each with 3 bedrooms, a full bathroom, spacious living areas, and shared laundry to ensure tenant satisfaction and retention. Don't miss this chance to add a high-performing asset to your portfolio in a sought-after location. Whether you're a seasoned investor or looking to enter the real estate market, this triplex presents an exceptional opportunity to secure steady cash flow in a rapidly growing area. (id:46317)
Property Details
| MLS® Number | X8092594 |
| Property Type | Single Family |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Parking Space Total | 6 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 9 |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | Full (finished) |
| Exterior Finish | Aluminum Siding, Vinyl Siding |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Type | Triplex |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Size Irregular | 45 X 91 Ft |
| Size Total Text | 45 X 91 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 2.44 m | 2.44 m | 2.44 m x 2.44 m |
| Second Level | Bedroom | 2.74 m | 2.44 m | 2.74 m x 2.44 m |
| Second Level | Bathroom | Measurements not available | ||
| Second Level | Bedroom | 2.74 m | 2.44 m | 2.74 m x 2.44 m |
| Basement | Bedroom | 2.44 m | 2.13 m | 2.44 m x 2.13 m |
| Basement | Bedroom | 2.44 m | 2.44 m | 2.44 m x 2.44 m |
| Basement | Bedroom | 2.44 m | 2.74 m | 2.44 m x 2.74 m |
| Basement | Bathroom | Measurements not available | ||
| Main Level | Bedroom | 2.74 m | 2.44 m | 2.74 m x 2.44 m |
| Main Level | Bedroom | 2.44 m | 2.44 m | 2.44 m x 2.44 m |
| Main Level | Bedroom | 2.44 m | 2.13 m | 2.44 m x 2.13 m |
| Main Level | Bathroom | Measurements not available |
https://www.realtor.ca/real-estate/26551067/24-herrick-ave-st-catharines
Salesperson
(905) 545-1188
(289) 244-3483
214 King St Main-B
St Catharines, Ontario L2V 1W9
(905) 545-1188
(905) 664-2300
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February 26 2024 04:28:45
Toronto Real Estate Board
RE/MAX Escarpment Realty Inc.