$799,900

17 Hainer Street

St. Catharines ON, L2S 1M5

Description

Can you hear the GO TRAIN??? The Tenants in This EXTRA EXTRA LARGE legal Four unit apartment building almost can. The Location for this complex is Fantastic as it is within a short walk of the New Proposed GO TRAIN STATION!! All units are identical layouts of each other and each unit offers a formal Livingroom, a separate Diningroom, Kitchen, 4 pc bathroom, 3 good sized bedrooms and outside living space on a pressure treated deck/balcony. This Turn Key investment has huge upside potential. Everything is at your fingertips with a 5 minute walk to downtown St. Catharines with all the many amenities it offers such as shopping, cafes/restaurants/bars, theatre, OHL Hockey, Concerts, Library and the downtown Brock University satellite campus. Schools, parks, hiking trails, nature reserves, and fantastic fishing spots are also all in the immediate neighbourhood. The Via Rail, Go station, city buses & Hwy 406 are just around the corner for the simplest of commutes. This 2 story 4 unit apartment building fronts on two separate roads and offers approximately 160 feet of road frontage which is prime for any future development. All units are currently fully rented except for one unit which has been rented for March 1st, 2021. The two main floor Tenants are month to month longer term tenants and Apartment 4 moved into their unit in Sept 2020. All of the units come with a fridge, stove, hardwood flooring and have been refurbished with newer kitchens, 4pc bathrooms and replacement vinyl double-paned windows. New roof shingles were installed approximately 8 years ago. Each unit has their own electric breaker panel, electric baseboard heat, hot water heaters (2 are rented and 2 are owned)and separate hydro meters and all Tenants except for one unit pay their own hydro. This is a very easy property to maintain, a fantastic money maker and should not be missed as it will not last so call today for your own personal showing. ALL OFFERS MUST BE REGISTERED ON SHOWING TIME!!!

Details

MLS#40069754
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site6

Features

Units4
Building(s)1
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Area Information
ProvinceON
CountyNiagara
CitySt. Catharines
Postal CodeL2S 1M5
Area4 - St. Catharines
Listing VS Median (in L2S 1M5)
Price:
$799,900
low | high
Med:
$799,900
50% of Average
On Site:
6
low | high
Med:
6
100% of Average
Listing Updated: February 25, 2021 10:50:38 AM PST
RON VAHRMEYER LogoMLS Number: 40069754
Listing Provided By:
RON VAHRMEYER  of  COLDWELL BANKER MOMENTUM REALTY BROKERAGE
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