31,409 ft2
Baseboard Heaters
$4,800,000
Prime Multifamily Investment Opportunity 426 Queenston Street, St. Catharines - Introducing a well-maintained 20-unit multifamily building ideally located in the heart of St. Catharines. This property offers a balanced mix of fully renovated units and well-maintained legacy suites, providing both immediate income and significant value-add potential for the savvy investor. Key capital improvements include: New windows and sliding doors throughout the building, New roof (2015) and asphalt driveway (2017), High-efficiency commercial boiler and hot water tank (2017). Repainted balcony railings (completed 34 years ago). Updated common areas and hallways. Additional income streams include: Coin-operated laundry facilities, Rented storage lockers, with stable existing rents, modern upgrades already completed, and room for further unit renovations or rent optimization, 426 Queenston Street is a strong performer with excellent upside potential in a growing market. (id:59911)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X12135223 |
Property Type
|
Multi-family |
Community Name
|
455 - Secord Woods |
Building
Heating Type
|
Baseboard Heaters |
Size Interior
|
31,409 Ft2 |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
218 Ft |
Size Frontage
|
100 Ft |
Size Irregular
|
100 X 218 Ft |
Size Total Text
|
100 X 218 Ft |
Zoning Description
|
R3 |