200 King St
St. Catharines, L2R 3J7
FOR SALE
$834,500
Sold
$800,000
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-11-22 | 2020-02-24 | 95 | $834,500 | $800,000 | Sold |
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Property Description
Solid Fully Rented 7 Building Unit In The Heart Of The City. Five (5) One Bedroom - Two (2) Bachelors, 2 Units Completely New And 3 Others Recently Renovated, 2 Units With Long Term Tenants With Potential For Rent Increases. New Coin Laundry Machines. Recent Fire Safety Certificate. Close To Bus Terminal. Meridian Centre And Performing Arts Centre. Professionally Managed.
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Similar Listings
Investors, seize the opportunity! Achieve over a 6% cap rate with this meticulously updated 3-unit building nestled in the bustling heart of St. Catharines, with a gross income of $60,000. Fully occupied, this property boasts ample parking and a detached garage for added convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, ensure a contemporary and attractive investment. Situated in close proximity to major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether you're expanding your existing portfolio or venturing into real estate investment for the first time, this is the ideal opportunity to secure a property that combines a strong cap rate with a strategic location. Don't miss out on the chance to enhance or kickstart your investment portfolio!
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