40 Facer St

Welcome to your ideal cash flow positive investment opportunity! This turnkey 2-unit property boasts recent renovations and is located in the heart of St. Catharines!. Offering hassle-free ownership for income generation and/or savvy house hacking. Live in one unit, rent out the other, and watch your investment grow. Perfectly situated for homeowners or tenants with easy access to major cities in the Golden Horseshoe. Don't miss out on this prime real estate gem! The main unit is a 2 bedroom, 1 bathroom fully updated turn-key unit with market potential rent of $2100 plus utilities. The upper unit is a cozy 2 bedroom 1 bathroom fully updated unit with market potential rent of $1650 plus utilities. Separate hydrometers. Long list of updates including fire safety with fire separation between units, safe and sound insulation, resilient channel, Type X drywall, Sonopan soundproofing, and interconnected smoke alarms. Roof, Windows, Plumbing, Siding, Electrical, Furnace approx. 2014. A/C and Tankless HWH - 2021

SOLID BRICK 5 PLEX INCLUDING 2-2 BDRM UNITS & 3-1 BDRM UNITS. WINDOWS UPDATED IN 2017.OTHER UPDATESINCLUDE BOILER MOTOR 2018, FULL COSMETIC RENOVATIONS TO UNIT 1,3 AND 5. FITTED WITH FIVE SEPARATE HYDROMETERS. ASPHALT PARKING LOT WITH FIVE PARKING SPOTS. FIVE FRIDGES AND FIVE STOVES INCLUDED AS SEEN INTHE LISTING AND 1 WASHER AND DRYER.UNIT#1 RENTED FOR $1600. UNIT#2 RENTED FOR $808.06. UNIT#3 RENTED FOR$1500. UNIT #4 IS VANANT AND READY FOR VALUE ADD AND MARKET RENT. UNIT #5 IS VACANT AND READY FOR MARKETRENT. GREAT RENTAL LOCATION NEAR THE GO TRAIN STATION, SHOPPING CENTRES AND DOWNTOWN CORE