60 CARLTON ST Active

St. Catharines,ON L2R 1P8

$ 770000

11 Beds

3 Baths

1662 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,662 sqft

Price per Sqft $463

MLS Listing ID X9410939

Bedrooms 11

Annual Tax Amount $2,718

Tax Year 2021

Property Description

$6000 month income. 10 Long Term Tenants 10 occupied bedrooms for cash flow. Highly needed and in demand rooming house situation. Zoning is R3 and currently recognized as a duplex, 3 hydro meters, 3 separate units each with exterior entrances with 5 bedrooms on 1st and 2nd floor apts. The property is being sold as is with the current long term tenant arrangement -10 occupied rooms @$6000 month, $72000yr. approx $58k Net after taxes, utilities etc. Highly tenantable area with transit and walking distance to grocery, doctors, amenities. 42x96 lot with single drive leading to open rear yard parking. the 1 bed basement apartment is vacant buyer to do their own due diligence on conversion. The basement apt was added by the previous owner, it may need some fire separation retro-fit and an electrical inspection.

Location

Province ON

County Niagara

Zoning R3

Rooms

Kitchen 0

Interior

Cooling None

Inclusions None

Laundry Coin Operated

Exterior

Garage Private

Garage Spaces 4.0

Pool None

Community Features Public Transit

Utilities Available Unknown

Roof Type Asphalt Shingle

Building

Foundation Block

New Construction false

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