8 Pelham Rd E, St Catharines
8 Pelham Rd E, St Catharines
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8 Photos
- Bedrooms: 5
- Bathrooms: 3
- MLS®: x8235882
- Type: Triplex
- Added: 36 days ago
Property Details
Calling all savvy investors! Unlock the potential of this prime real estate opportunity in St. Catharines! Currently generating substantial income as a triplex, this property also has the capacity for expansion with the possibility of an additional 4 units, allowing for a total of 7 units. Nestled in the heart of St. Catharines, mere steps from the bustling downtown core, this investment promises both immediate returns and future growth. The existing triplex consists of 2 x 1-bedroom units and 1 x 3-bedroom unit, situated on a spacious lot that opens up the possibilities for additional units. Unit 1 boasts brand-new flooring, while Unit 3 has undergone a recent makeover with a new kitchen and bathroom. The property's updates include a new boiler installed in 2023 and a roof replacement in 2020, ensuring minimal maintenance concerns for the discerning investor. This turn-key investment is not only financially sound as a triplex, but also provides the prospect of increased returns and a strategic investment move. Seize this opportunity to diversify your portfolio and capitalize on the growing real estate market in St. Catharines! (id:1945)
Property Information
- Cooling: Window air conditioner
- Heating: Radiant heat
- Stories: 1.5
- Basement: Crawl space
- Photos Count: 8
- Parking Total: 3
- Bedrooms Total: 5
- Structure Type: Triplex
- Parking Features: Detached Garage
- Street Dir Suffix: East
- Tax Annual Amount: 3200
- Exterior Features: Vinyl siding
- Lot Size Dimensions: 56 x 118 FT
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