8 Pelham Road, St Catharines
8 Pelham Road, St Catharines
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13 Photos
- Bedrooms: 5
- Bathrooms: 3
- Living area: 1688 sqft
- MLS®: 40571651
- Type: Townhouse
- Added: 21 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)
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Property Information
- Sewer: Municipal sewage system
- Cooling: Wall unit
- Heating: Radiant heat
- Stories: 2
- Basement: Unfinished, Crawl space
- Directions: Pelham & St. Paul W
- Living Area: 1688
- Photos Count: 13
- Water Source: Municipal water
- Parking Total: 2
- Bedrooms Total: 5
- Structure Type: Triplex
- Common Interest: Freehold
- Parking Features: Detached Garage
- Subdivision Name: 458 - Western Hill
- Tax Annual Amount: 3100
- Exterior Features: Vinyl siding
- Community Features: School Bus
- Zoning Description: M1
- Number Of Units Total: 3
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