26 Gale Crescent St. Catharines, Ontario L2R 3K9
$2,250,000
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 | 40589853 |
| Property Type | Multi-family |
| Features | Paved Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 8 |
Building
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionMaterial | Concrete Block, Concrete Walls |
| CoolingType | None |
| ExteriorFinish | Brick, Concrete |
| StoriesTotal | 3 |
| SizeInterior | 10107 Sqft |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 163 Ft |
| SizeFrontage | 68 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R3 |
https://www.realtor.ca/real-estate/26899739/26-gale-crescent-st-catharines
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August 16 2024 07:53:31
Niagara Association of REALTORS®
Sotheby's International Realty, Brokerage