24 Herrick Avenue Sold 20 days ago

St. Catharines, Oakdale, L2P 2S5

$649,900$000000

Description

Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE.

Looking for an incredible investment opportunity in the heart of St. Catharines? Look no further! This remarkable triplex presents a lucrative prospect for both seasoned investors and newcomers to the real estate market. Property Highlights: Prime Location - Situated close the vibrant heart of downtown St. Catharines, this triplex is a short convenient drive to shopping, restaurants, parks, and public transportation, making it an attractive option for tenants. Cash Flow - With three fully occupied units generating strong and consistent rental income, this property generates a Cap Rate just under 8%. Well-Maintained Units - each with 3 bedroom, a full bathroom, spacious living areas, and shared laundry to ensure tenant satisfaction and retention. Don't miss this chance to add a high-performing asset to your portfolio in a sought-after location. Whether you're a seasoned investor or someone looking to jump into the real estate market, this triplex presents an exceptional opportunity to secure steady cash flow in a rapidly growing area.

Smoke Detector,Other,Refrigerator X 3, Stove X 3, Washer, Dryer

Location

View Map
  • Address: 24 Herrick Avenue
  • Neighborhood: Oakdale
  • City: St. Catharines
  • State: ON
  • Postal Code: L2P 2S5

Property Details

  • Property ID: 40545018
  • Property Price: $649,900
  • Style: Multi-3 Unit, Residential Income
  • Sq/Ft: 2000
  • Bath: 3
  • Parking Spaces: 6
  • Year Built: 1946
  • Basement: Separate Entrance, Full, Finished
  • Exterior: Aluminum Siding, Vinyl Siding
  • Heating: Baseboard, Natural Gas
  • Taxes: $3,687.25 (2023)
  • Lot: 91.1x45.00 (Square Feet)
  • Exposure: South
  • # of stories: 2

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Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 370 - 0992

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