78 Geneva St, St. Catharines, Ontario L2R 4M9

  • $949,800
78 Geneva St, St. Catharines, Ontario L2R 4M9
Active
78 Geneva St, St. Catharines, Ontario L2R 4M9
  • $949,800

Overview

Property ID: X9233126
  • Commercial Sale, Business
  • Property Type
  • 3450
  • Sqft

Description

Welcome to a prime investment in downtown St. Catharines! Priced at a 7.05% cap rate with high rental potential. This property features 4/5 vacant residential units: two junior one-bedrooms and three large one-bedrooms, all recently renovated with new floors, kitchens, washrooms, and paint. The projected rent for 1 bedroom is $1200 & $1450. The main floor houses a fully operational laundromat with 8 washers and 4 double-stacked dryers, offering steady income. Additional features include a new radiant hot water heating system, updated boiler systems, and fresh exterior paint with a newer roof. Please see brochure for complete financial details.

  • Address 78 Geneva St
  • City St. Catharines
  • State/county Ontario
  • Zip/Postal Code L2R 4M9

Details

Updated on August 2, 2024 at 12:36 pm
  • Property ID: X9233126
  • Price: $949,800
  • Property Size: 3450 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Business
  • Property Status: Active
  • MLS#: X9233126

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