Fully Rented, High-Return Legal Triplex The Perfect Investment to Grow Your Porfolio! 6% Cap Rate Strong profitability, fully leased Positive Cash Flow Over $1,000 + in monthly returns! Turn-Key Property Start earning from Day One. This fully rented, newly renovated legal triplex is the ideal investment for those seeking high-yield returns with minimal effort. Each unit has been upgraded with care and modernized under permit for a smooth, worry-free transition. Perfectly located near daycares, schools, and a short walk to transit, this property appeals to a wide range of tenants and provides unmatched convenience. Here's what each unit offers: Cozy and thoughtfully designed, Outfitted with sleek, energy-efficient appliances, Stylish finishes for a modern touch. Each unit has been finished with fresh paint, modern trim, upgraded flooring, and new windows. Individual ductless heating and cooling systems enhance year-round comfort and appeal to todays energy-conscious renters. For savvy investors, a detailed proforma with actual income and expenses is available, showcasing this property's exceptional cash flow. With parking on-site and a prime location, this is a rare, income-generating asset you don't want to miss. Take the next step toward expanding your profitable real estate portfolio today!
MLS# | X9367166 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Extension |
Days On Site | 111 |
Listing Provided By | RE/MAX NIAGARA REALTY LTD. | Not Provided |
Bed(s) | 4 |
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Bath(s) | 3 |
Basement | Y |
State | ON |
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County | Niagara |
City | St. Catharines |
Zip Code | L2R 4A9 |
Listing VS Median (in L2R 4A9) | |
Price: $659,000 low | high Med: $0 On Site: 111 low | high Med: |