Turnkey legal triplex in the heart of St. Catharines offering strong income with an approximate 7% cap rate. Rarely do you find a well maintained property of with three self-contained units, each with separate hydro meters and private in-suite laundry. The building is configured as main floor, upper and lower units with thoughtful updates throughout. A common front foyer provides access to the main and upper units, while the lower unit features a separate rear entrance. The main floor unit offers a spacious living area, oversized kitchen with ample cabinetry, two bedrooms and a four-piece bathroom. This unit also benefits from exclusive access to a private basement space ideal for storage along with its own laundry. The upper unit is nicely updated and features a bright living space, eat-in kitchen with walkout to a private deck, one bedroom, four-piece bathroom and separate laundry. The lower level unit has been well finished with updates including newer kitchen, bathroom and flooring. Offering a large living area, dedicated dining space, one bedroom, four-piece bathroom and its own laundry. Parking is available at both the front and rear of the property. Currently fully tenanted with quality tenants on month-to-month agreements providing immediate income or the option for vacancy for your own use if desired. Ideal for investors seeking a solid, low-maintenance asset or buyers looking to live in one unit while offsetting costs with rental income. Photos have been virtually decluttered to remove tenant belongings. (id:36058)
| MLS® Number | X12918522 |
| Property Type | Multi-family |
| Community Name | 450 - E. Chester |
| Amenities Near By | Park, Place Of Worship, Public Transit |
| Equipment Type | Water Heater |
| Features | Flat Site, Carpet Free, Sump Pump |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft |
| Size Frontage | 67 Ft ,4 In |
| Size Irregular | 67.4 X 110 Ft |
| Size Total Text | 67.4 X 110 Ft |
| Zoning Description | R2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Other | 5.66 m | 4.65 m | 5.66 m x 4.65 m |
| Basement | Utility Room | 4.78 m | 2.34 m | 4.78 m x 2.34 m |
| Lower Level | Kitchen | 3.58 m | 3.2 m | 3.58 m x 3.2 m |
| Lower Level | Living Room | 7.14 m | 3.71 m | 7.14 m x 3.71 m |
| Lower Level | Bedroom | 3.1 m | 3.07 m | 3.1 m x 3.07 m |
| Main Level | Living Room | 5.33 m | 3.66 m | 5.33 m x 3.66 m |
| Main Level | Bedroom | 3.68 m | 2.74 m | 3.68 m x 2.74 m |
| Main Level | Kitchen | 4.75 m | 3.48 m | 4.75 m x 3.48 m |
| Main Level | Primary Bedroom | 3.96 m | 2.92 m | 3.96 m x 2.92 m |
| Upper Level | Living Room | 4.78 m | 3.66 m | 4.78 m x 3.66 m |
| Upper Level | Bedroom | 5.13 m | 3.51 m | 5.13 m x 3.51 m |
| Upper Level | Kitchen | 4.06 m | 2.9 m | 4.06 m x 2.9 m |
(289) 723-2132
www.niagarahomes.com/
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