161 Louth St
458 - Western Hill, St. Catharines, L2S 2R4
FOR SALE
$689,800
Sold
$640,000
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5 + 1
BEDROOMS3
BATHROOMS3
KITCHENS11
ROOMSX10419789
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-12 | 2024-12-06 | 24 | $689,800 | $640,000 | Sold |
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Property Description
Great Investment Triplex Property! Three Separate Units, Main Level & Lower Level Units Completely Renovated With Separate Entrances. 2 Units Vacant. Great Rental Potential. 6 Parking Spaces! 8 Minute Drive To Brock University, 14 Min Bus Ride, Great For Student Rentals. Close To Niagara College, 4Th Ave Smart Centre Shopping & Niagara Health Hospital Close By. New Furnace (2024) New Air Conditioner (2024) New Gravel On Driveway & Poured Concrete Sidewalk Added. New Window In Upper Unit (2024) New Windows In Main Unit Inc Bath, Living, Bedroom (2024) Main And Lower Level Freshly Painted. Close To All Amenities, Transit.
Nearby Intersections
Louth & Rykert (21)
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Property Details
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Community
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Property Type
Triplex, 2-Storey
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Similar Listings
INVESTMENT PROPERTY: This property located on a quiet, tree-lined street, offers a diversified blend of occupancies and a 7.08% CAP Rate. All units have separate entrances and hydro meters. The detached 1-1/2 car garage is leased out separately, providing additional revenue. There is a coin-operated laundry in the basement for the tenant's use. Two units are tenanted. Unit 1(basement) $1,025/month, Unit 2(main level) $1,625/month, Unit 3(upper) is vacant, market rent +/-$1650, Garage $300/month. Above Grade sq ft is 1612sf. Tenants pay their own Hydro. Public transit is nearby, as are: parks, schools, eateries, gyms, hospital, 4-pad arena complex, and easy QEW/406 access. Income/Expense Sheet available. Add to your real estate investment portfolio today
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