LOADING

51 Main Street St. Catharines, Ontario L2N 4T8

10 Bedroom 8 Bathroom 6800 sq feet
None Baseboard Heaters

$2,100,000

8 unit apartment building for sale in one of Niagara's most desirable locations. Enjoy this high end area, surrounded by multimillion dollar homes and views of the world famous Henley Regatta. 5 x 2 beds. 2 bachelors, 1 commercial. 5 minute walk to bustling and growing Port Dalhousie beach. Potential to double some 2 bedroom rents. 2 units vacant. Listed approximately at 4 cap on Current income and 5.5-6 cap on turnover rents. Condos similar in size selling for 800K plus in this area. Building is 50% renovated and has potential on turnover or build up to 14 meters for full lake views. Needs roof soon, Instant hot water tank 5 months old owned. Eavestroughs 1 year. no VTB available. Bursting with potential!! (id:8119)

Property Details

MLS® Number 40282276
Property Type Multi-family
Amenities Near By Beach
Equipment Type None
Features Beach, Crushed Stone Driveway, Shared Driveway, Laundry- Coin Operated
Parking Space Total 4
Rental Equipment Type None

Building

Bathroom Total 8
Bedrooms Total 10
Appliances Microwave Built-in
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Cooling Type None
Exterior Finish Brick, Other
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type None
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 6800
Utility Water Municipal Water

Parking

None

Land

Acreage No
Land Amenities Beach
Sewer Municipal Sewage System
Size Depth 114 Ft
Size Frontage 36 Ft
Size Total Text Under 1/2 Acre
Zoning Description C3/r3

https://www.realtor.ca/real-estate/24575537/51-main-street-st-catharines

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