16-22 LYMAN Street, St. Catharines, ON L2R 5H7

St. Catharines L2R 5H7 Ontario

MLS: X13061602

$2,088,000

Added 1 hour ago | For Sale

Listed by: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

About Property

Possibilities abound with this turn-key 8-unit investment opportunity in a prime location near downtown St. Catharines. This well-maintained building features 8 spacious 2-bedroom 1-bathroom units with tenants paying hydro. Currently, there are no vacancies. Also, included as a standout bonus is the leased 37-space parking lot, which currently generates an additional $3200 per month in rental income. Continue leasing for steady cash flow or explore alternative uses to maximize value through your own due diligence. Situated in a high-demand area close to transit, amenities, and the downtown core, this property offers both stability and growth potential and is ideal for investors looking to expand their portfolio with a solid, income-producing asset with an already built-in opportunity for increased returns.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 175 X 114.3
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:LYMAN/RAYMOND
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $14664.73
  • Bedrooms:
  • Total Parking Spaces:47
  • Parking Places:47
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X13061602

About Agent
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.