17 Hainer Street, St. Catharines, ON L2S 1M5

$949,900
12
BD
4
BA

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List Price
$949,900
Price Change
▼ $150,100 1788484696
MLS#
X13093872
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
12
Bathrooms
4
Living Area
5000 +
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
458 - Western Hill
Subdivision
St Paul West & Pelham

Property Description

Can you hear the GO TRAIN??? The Tenants in This EXTRA EXTRA LARGE LEGAL FOUR UNIT apartment building almost can. The Location for this complex is Fantastic as it is within a short walk of the New Proposed GO TRAIN STATION!! All units are identical layouts of each other and each unit offers a formal Livingroom, a separate Dining room, Kitchen, 4 pc bathroom, 3 good sized bedrooms and outside living space on a pressure treated deck/balcony. This Turn Key investment has huge upside potential. Everything is at your fingertips with a 5 minute walk to downtown St. Catharines with all the many amenities it offers such as shopping, cafes/restaurants/bars, theatre, OHL Hockey, Concerts, Library and the downtown Brock University satellite campus. Schools, parks, hiking trails, nature reserves, and fantastic fishing spots are also all in the immediate neighbourhood. The Via Rail, Go station, city buses & Hwy 406 are just around the corner for the simplest of commutes. This 2 story 4 unit apartment building fronts on two separate roads and offers approximately 160 feet of road frontage which is prime for any future development. All units are currently fully rented. The two main floor Tenants are month to month longer term tenants. All of the units come with a fridge, stove, hardwood flooring and have been refurbished with newer kitchens, 4pc bathrooms and replacement vinyl double-paned windows. Each unit has their own electric breaker panel, electric baseboard heat, hot water heaters (2 are rented and 2 are owned)and separate hydro meters and all Tenants except for one unit pay their own hydro. This is a very easy property to maintain, a fantastic money maker and should not be missed as it will not last. This Turn-Key Investment Is Ready To Generate Income While Providing Incredible Upside For The Future.

Additional Information

Taxes
$5,422
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Lot Depth
96
Kitchens
4
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
3
Parking Type
Street Only, Other

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER MOMENTUM REALTY, BROKERAGE.