47 CHAPLIN AVENUE Active

St. Catharines (downtown),ON L2R2E4

$ 679900

4 Beds

3 Baths

1500 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $453

Subdivision 451 - Downtown

MLS Listing ID X12181783

Bedrooms 4

Property Description

WELCOME TO YOUR NEXT BEST INVESTMENT OPPORTUNITY! WHETHER YOU'RE A NEW INVESTOR OR SEASONED INVESTOR LOOKING TO ADD TO THEIR PORTFOLIO, THIS PROPERTY IS SURE TO BE A GREAT ASSET! LOCATED JUST OUTSIDE OF DOWNTOWN ST.CATHARINES BETWEEN ONTARIO STREET AND LAKE STREET. THIS PROPERTY IS SITUATED IN A VERY CONVENIENT LOCATION- CLOSE TO QEW & 406, GROCERY STORES, SCHOOLS, RESTAURANTS, AND ENTERTAINMENT. CURRENTLY THE PROPERTY IS BEING OPERATED AS A DUPLEX WITH GREAT TENANTS! THE BASEMENT HAS A SEPARATE WALK OUT WHERE YOU COULD ADD A THIRD UNIT IN THE BASEMENT. CITY OF ST.CATHARINES OFFERS UP TO $80,000 GRANT TO ADD UNITS TO A PROPERTY AND THIS COULD BE A GREAT PROGRAM TO IMPLEMENT INTO THIS PROPERTY. CURRENTLY THE PROPERTY GENERATES $3150 PER MONTH AS IS. PLUS WITH ALL THE NEW DEVELOPMENTS THAT ARE PLANNED TO COME TO ST.CATHARINES, YOU CAN BE REST ASSURED THE EQUITY VALUE WILL BE A GREAT BONUS IN YEARS TO COME. PLEASE BE RESPECTFUL WITH SHOWINGS- PLEASE PROVIDE MINIMUM 24 HOUR NOTICE FOR ALL SHOWINGS. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Building

Story 2

Sewer Sanitary sewer

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