78 Grass Avenue St. Catharines, Ontario L2R 1T1
$599,800
Discover the perfect investment opportunity with this fully renovated duplex in the heart of St. Catharines. Ideal for investors seeking passive income or those looking to live in 1 unit while renting out the other. This unique side-by-side duplex features 2 meticulously updated units (2020 by the previous owner). This layout feels like you have your own home at the front unit & a main floor living area in the back unit with the bedroom in the basement. Both units boast modern kitchens, carpet-free, luxury vinyl flooring, beautifully renovated bathrooms & in-suite laundry in both units. The extensive renovations include updated plumbing & electrical systems, ensuring peace of mind & low maintenance for years to come. Each unit has separate hydro meters providing convenience & efficiency for tenants. Furnace updated Jan 2024. Washer & dryer in back unit replaced 2024. The current owner has maintained everything on the property. Unit 1 is vacant & ready for occupancy or leasing, while the other unit is tenanted with a reliable renter who wishes to stay. Projected rent for Unit 1 is $2,500/mo & current rent for Unit 2 is $1,230/mo. This property offers a unique blend of immediate rental income & potential for future growth, making it a desirable investment in the 2024 market. Don’t miss out on this turnkey investment opportunity! Just steps to 12 Mile Creek, close to all amenities & bus routes. Vacant interior photos of Unit 2 from 2021. (id:56248)
Business
| BusinessType | Residential |
| BusinessSubType | Residential |
Property Details
| MLS® Number | H4199373 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Recreation, Schools |
| CommunityFeatures | Community Centre |
| EquipmentType | None |
| Features | Park Setting, Park/reserve, Paved Driveway, Level |
| ParkingSpaceTotal | 2 |
| RentalEquipmentType | None |
Building
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
| ArchitecturalStyle | Multi-unit |
| BasementDevelopment | Finished |
| BasementType | Partial (finished) |
| ConstructedDate | 1941 |
| ConstructionStyleAttachment | Detached |
| FireProtection | Smoke Detectors |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeExterior | 1265 Sqft |
| SizeInterior | 1265 Sqft |
| Type | Apartment |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Public Transit, Recreation, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 98 Ft |
| SizeFrontage | 42 Ft |
| SizeIrregular | 42 X 98.7 |
| SizeTotalText | 42 X 98.7|under 1/2 Acre |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/27136818/78-grass-avenue-st-catharines
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July 06 2024 05:08:23
REALTORS® Association of Hamilton-Burlington
Keller Williams Complete Realty