10107 sqft
Radiant Heat
$2,099,000
Step into the practicality and comfort of 26 Gale Crescent, a modest yet well-appointed three-story apartment building. This sturdy structure boasts a commitment to upkeep, evident in its neatly maintained premises. Security is a priority here, with surveillance cameras strategically placed in the interior and exterior of the building. The building contains 12 units, with 8 recently renovated and vacant. Each unit is equipped with its own meter, offering residents the convenience of managing their own utilities independently. Parking is hassle-free, with plenty of space available at the rear of the building. Recent updates made to the mechanical room. This property comes with a commendable cap rate exceeding 6% which makes this investment opportunity stand out in the market.Don't overlook the potential of owning this building. Seize the opportunity before it's gone! (id:56248)
Property Details
MLS® Number
|
X9413854 |
Property Type
|
Business |
Community Name
|
450 - E. Chester |
Features
|
Laundry- Coin Operated |
ParkingSpaceTotal
|
8 |
Building
ExteriorFinish
|
Concrete, Brick |
HeatingType
|
Radiant Heat |
SizeInterior
|
10107 Sqft |
UtilityWater
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
SizeDepth
|
162 Ft ,6 In |
SizeFrontage
|
68 Ft ,1 In |
SizeIrregular
|
Unit=68.09 X 162.56 Ft ; See Geowarehouse |
SizeTotalText
|
Unit=68.09 X 162.56 Ft ; See Geowarehouse|under 1/2 Acre |
ZoningDescription
|
R3 |
https://www.realtor.ca/real-estate/27430958/26-gale-crescent-st-catharines-450-e-chester-450-e-chester