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25 PERRY Street

St. Catharines

$1,595,000
MLS Number: 40278131
5 Bed 0 Bath

Description:

This purpose-built 6-Plex is an investor's dream. Prime location and excellent management have established desirable long-term tenants with zero vacancies in the last number of years. Immaculately maintained, this is the perfect turnkey investment property. Situated close to the Q.E.W. Highway, the downtown core, shopping centres, and schools. The building is allocated to five 1-bedroom suites and one bachelor suite. The main floor and second floor each have two 1-bedroom suites. The basement reflects one 1-bedroom suite, one bachelor suite and a common laundry/utility area. R3 – Medium Density Zoning would permit a potential purchaser to add a third storey with an additional units (potential purchaser to do their own due diligence). Solid income and expense statement. 20.82% Expense Ratio. Please note that showings will be limited to common areas. Units can be viewed upon accepted offer.

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Property Details
Status: For Sale
Address: 25 PERRY Street, St. Catharines, L2R 1K9
MLS: 40278131
Lot Size: 91.00 x 100.00
Age: 1955
Heating Fuel: Gas Hot Water,Radiator,Water Radiators
Cooling: None
Water: Municipal-Metered
Floor Space: 0
Lot Size: 91.00 x 100.00
Basement Development: Walk-Out
Map

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