50 Welland Ave, St. Catharines, L2R 2M5

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Description

Looking to grow your portfolio with a reliable income property? This well-maintained 7-unit building is ideally situated in the heart of downtown St. Catharines, steps to shopping, dining, public transit, and the city's ongoing revitalization. The property features 3 one-bedroom units and 4 two-bedroom units, all fully rented, generating a gross annual income of approx $115,000 with positive cash flow and a strong cap rate. Benefit from the on-site parking, a low-maintenance exterior, and the added convenience of on-site laundry for extra income. This is a smart, turnkey opportunity in a high-demand rental area, perfect for any investor looking for stability and growth. Financials available.

4 months

On Market

Multiplex

Property Type

$6,981 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

-

Year Built