140 Eastchester Ave, St. Catharines, L2P 2Z4

Home Overview

Description

Turnkey legal triplex in the heart of St. Catharines offering strong income with an approximate 7% cap rate. Rarely do you find a well maintained property of with three self-contained units, each with separate hydro meters and private in-suite laundry. The building is configured as main floor, upper and lower units with thoughtful updates throughout. A common front foyer provides access to the main and upper units, while the lower unit features a separate rear entrance. The main floor unit offers a spacious living area, oversized kitchen with ample cabinetry, two bedrooms and a four-piece bathroom. This unit also benefits from exclusive access to a private basement space ideal for storage along with its own laundry. The upper unit is nicely updated and features a bright living space, eat-in kitchen with walkout to a private deck, one bedroom, four-piece bathroom and separate laundry. The lower level unit has been well finished with updates including newer kitchen, bathroom and flooring. Offering a large living area, dedicated dining space, one bedroom, four-piece bathroom and its own laundry. Parking is available at both the front and rear of the property. Currently fully tenanted with quality tenants on month-to-month agreements providing immediate income or the option for vacancy for your own use if desired. Ideal for investors seeking a solid, low-maintenance asset or buyers looking to live in one unit while offsetting costs with rental income. Photos have been virtually decluttered to remove tenant belongings.

31 days

On Market

Triplex

Property Type

$4,398 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

51-99

Years Old