8 Pelham Road, 458 - Western Hill in St. Catharines, ON
This is a Multi-family Listing with Detached Garage parking.
8 Pelham Road, 458 - Western Hill in St. Catharines
Calling all savvy investors! Unlock the potential of this prime real estate opportunity in St. Catharines! Currently generating substantial income as a triplex, this property also has the capacity for expansion with the possibility of an additional 4 units, allowing for a total of 7 units. Nestled in the heart of St. Catharines, mere steps from the bustling downtown core, this investment promises both immediate returns and future growth. The existing triplex consists of 2 x 1-bedroom units and 1 x 3-bedroom unit, situated on a spacious lot that opens up the possibilities for additional units. Unit 1 boasts brand-new flooring, while Unit 3 has undergone a recent makeover with a new kitchen and bathroom. The property's updates include a new boiler installed in 2023 and a roof replacement in 2020, ensuring minimal maintenance concerns for the discerning investor. This turn-key investment is not only financially sound as a triplex, but also provides the prospect of increased returns and a strategic investment move. Seize this opportunity to diversify your portfolio and capitalize on the growing real estate market in St. Catharines! (id:6289)
$669,000
8 Pelham Road, St. Catharines, Ontario
Essential Information
- MLS® #40571651
- Price$669,000
- Price per Sqft396
- Bedrooms5
- Bathrooms3.00
- Square Footage1,688
- Acres0.00
- TypeMulti-family
- Sub-TypeFreehold
- Days on Website34
Amenities
- AmenitiesPlayground, Public Transit, Schools, Shopping
- Parking Spaces2
- ParkingDetached Garage
- # of Garages1
Exterior
- ExteriorVinyl siding
Community Information
- Address8 Pelham Road
- Subdivision458 - Western Hill
- CitySt. Catharines
- Postal CodeL2S1P9
Interior
- HeatingRadiant heat
- CoolingWall unit
- # of Stories2
Listing Details
- Listing OfficeREVEL Realty Inc., Brokerage