LOADING

41 Geneva Street St. Catharines, Ontario L2N 2J8

7232 sqft sq feet
Air Conditioned Forced Air, Boiler

$1,450,000

Fantastic Investment opportunity. Great ROI and room to add more income! Total Income $138,942.72. Expenses $33,614.28 Net $105,328.44 (Projected $18,000.00/yr - 5 Offices w bathroom and waiting area) Completely rebuilt main floor with over $200,000 spent in 19/20 all done with permits and to code. New windows in all apartments on second floor. Fire rated drywall and foam spray, new HVAC system (Furnace, A/C, and duct work.) updated Electrical and 8 meters. brand new mens and womens accessible bathrooms with 2 stalls each. Accessible front and bathroom doors. New interior steel doors. 4 spacious apartments fully rented (1- bach, 2-2bed, 1- 1 bed. Coin operated Laundry. Parking for 14 cars. Basement has 5 offices ready to rent out, owners storage area and another huge storage area currently rented by the commercial tenant. Almost 9000 sq ft of finished space with over 3500 sq ft on the main level and a concrete block wall that divides all levels. All apartments are rented and the main level plus basement storage area are rented to the commercial tenant with approx. 4 more years on lease. Basement office space is vacant and ready to rent. See Supplements for financials and book your viewing today. RSA. (id:8119)

Business

Business Type Other

Property Details

MLS® Number H4110397
Property Type Retail
Parking Space Total 14

Building

Appliances Dryer, Refrigerator, Stove, Washer
Basement Type None
Cooling Type Air Conditioned
Fireplace Present No
Heating Type Forced Air, Boiler
Size Exterior 7232 Sqft
Size Interior 7232 Sqft
Type Commercial Mix
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Size Frontage 50 Ft
Size Irregular 50 X 0
Size Total Text 50 X 0|under 1/2 Acre
Zoning Description M1-92-107

https://www.realtor.ca/real-estate/23362659/41-geneva-street-st-catharines

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