249253 Church St. offers a strong investment opportunity in central St. Catharines with a mix of residential and commercial income. The property includes four 2-bedroom apartments and a main floor commercial space previously used as a salon/barbershop. Each apartment has its own furnace, HVAC system, and hydro meter, plus theres a coin laundry at the rear for tenant use.Gross monthly income is $5,729 ($68,748 annually - commercial unit currently vacant).The property is ideally located in a downtown area experiencing major growth, with over $200 million invested in recent years and the redevelopment of the former 11-acre hospital site into new residential projects. This neighbourhood is next in line for significant transformation, making this a prime time to invest. (id:60365)
| MLS® Number | X12475056 |
| Property Type | Multi-family |
| Community Name | 450 - E. Chester |
| AmenitiesNearBy | Highway, Recreation |
| BedroomsTotal | 2 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 4369 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Highway, Recreation |
| SizeDepth | 64 Ft |
| SizeFrontage | 54 Ft ,1 In |
| SizeIrregular | 54.1 X 64 Ft |
| SizeTotalText | 54.1 X 64 Ft |
| ZoningDescription | M1 |
Christina Rodrigues
Salesperson