ON > St. Catharines > 451 - Downtown
St. Catharines, ON L2R 2B8,89 Beech ST
St. Catharines, ON L2R 2B8,89 Beech ST
St. Catharines, ON L2R 2B8,89 Beech ST
St. Catharines, ON L2R 2B8,89 Beech ST
St. Catharines, ON L2R 2B8,89 Beech ST
St. Catharines, ON L2R 2B8,89 Beech ST
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Desiree King

Desiree King

+1(888) 834-8520
$ 899,900
Est. payment | /mo

11 Beds

6 Baths

Save
$ 899,900
Est. payment | /mo
Save

11 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 451 - Downtown

MLS Listing ID X12074267

Style 3-Storey

Bedrooms 11

Building Age 51-99

Annual Tax Amount $7,620

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Unlock a rare opportunity to own a multi 6-plex portfolio in a thriving rental market. This solid 6-plex unit offers five spacious 2 bedroom apartments and one 1 bedroom apartment, each with ample natural light. This a turn-key acquisition that is fully tenanted with room for upside. Situated on a large, landscaped lot with ample parking. This multi-family complex allows for each unit to have its own utility meter, making for simplified operations and strong expense control. This property offers a valuable income-generating opportunity with the addition of an on-site laundry facility. By installing coin-operated or app-based washers and dryers, investors can create a steady stream of passive revenue while increasing overall tenant satisfaction and retention. This property offers more than just a great location it presents a unique opportunity situated on an oversized lot, ample space for the potential addition of an Accessory Dwelling Unit (ADU), subject to city approval. Even better, the city currently offers a grant program(buyer to do due diligence) that may help offset construction costs, making this an ideal prospect for investors looking to maximize rental income. Don't miss your chance to take advantage and unlock the full potential of this property!

Location

Province ON

County Niagara

Community 451 - Downtown

Area Niagara

Rooms

Family Room No

Basement None

Kitchen 6

Interior

Interior Features Water Heater Owned

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 98.73

Lot Depth 110.98

Total Parking Spaces 11

Building

Unit Features Fenced Yard,Park,Place Of Worship,Public Transit,School

Foundation Concrete Block

Listed by REVEL Realty Inc., Brokerage
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+1(888) 834-8520

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89 Beech ST