TRIPLEX $699,900

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InvestOPS
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Joined: March 22nd, 2012, 11:45 pm

TRIPLEX $699,900

#1 Unread post by InvestOPS » August 2nd, 2023, 4:05 pm

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This TRIPLEX is a promising investment opportunity or a suitable choice for first-time buyers. It is located in a prime location that offers both convenience & tranquility. The property is strategically situated near various amenities such as shopping centers, restaurants, parks, schools, and is also close to the public transit route. It provides easy access to downtown St. Catharines, Brock University, as well as the 406 & QEW. The Triplex consists of three separate units, each with its own entrance and separate hydro meters. The main floor unit features two bedrooms with access to the common hallway which also leads to the basement. This unit is currently occupied by a tenant. The side entrance leads to a common hallway, which gives access to the two units on the upper level. One 1-bedroom unit, while the other unit is a 2-bedroom. Currently, these units are vacant, allowing the buyer to choose their own tenants and set their desired rental rates. The property also includes a full undeveloped basement with a high ceiling, providing an opportunity to expand the income potential by developing the space further. Additionally, there is a single attached garage and additional parking available on the driveway. Overall, this Triplex presents a unique investment opportunity. It will be a great addition to any investment portfolio or a suitable property for first-time buyers looking to generate additional income.

MLS ®: H4167544

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