An exceptional, fully rented 5-plex in vibrant downtown St. Catharines is now available, offering five spacious one-bedroom apartments that generate a strong annual gross income of approximately $85,000. This meticulously maintained, turn-key investment is perfectly positioned in a highly desirable urban core, providing tenants with convenient access to a multitude of downtown amenities, including diverse shops, acclaimed restaurants, entertainment venues like the FirstOntario Performing Arts Centre and Meridian Centre, and the historic St. Catharines Farmers Market, all within walking distance. Added tenant convenience comes from three dedicated parking spots located at the rear of the property and excellent public transit connectivity throughout the city. This property presents a fantastic opportunity for immediate cash flow and long-term appreciation in a thriving community. (id:52316)
SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE
$999,000
180 JAMES STREET, St. Catharines, Ontario
5 Bedrooms
5 Bathrooms
Property
MLS® Number: X12237918
Address: 180 JAMES STREET
City: St. Catharines
Exterior: Brick
Utilities
Heating: Radiant Heat, Natural Gas
Parking
Parking Spaces: 3
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Property Sale History
Travel and Neighbourhood
97/100Walk Score®
Walker's Paradise
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Location
