78 GENEVA STREET, St. Catherines, Ontario
$899,888
- 8 Beds
- 5 Baths
7% cap rate! Welcome to your next investment venture in the heart of St. Catharines! This exceptional property presents a lucrative opportunity for savvy investors. Boasting 4/5 vacant residential units - including two spacious one-bedroom units and three versatile bachelor suites - and a thriving laundromat business on the main floor, equipped with 8 washer and 4 double stack dryer units, this property is primed for immediate income generation. Plus, with the potential to add a sixth unit in the basement, the possibilities for maximizing returns are endless. Updated boiler systems, approved permits, and a detached structure with neighbouring properties undergoing redevelopment plans further elevate its value. Data room available in brochure link (id:23309)
- Listing ID: X9233128
- Property Type: Single Family
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Listing provided by RE/MAX GOLD REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 78 GENEVA STREET in St. Catharines Ontario. It was last modified on July 31st, 2024. Contact Mal Kearns to schedule a viewing or to discover other St. Catharines homes for sale.