1265 sqft
Multi-Unit
Forced Air
$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
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