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$770,000
Status: For Sale
$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.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40440048 |
| Listing Type | :Sale |
| Property Age | :31-50 Years |
| Possession Date | : |
| Last Updated | :28 Oct, 2024 (57 Days ago) |
| Source | :Niagara |
| Area | :Niagara |
|---|---|
| City | :St. Catharines |
| Area Major | :St. Catharines |
| Area Minor | :451 - Downtown |
| Postal Code | :
L2R 1P8
|
| Directions | :QEW - Lake St or Ontario St to Carlton Street |
| Price | : $770,000 |
|---|---|
| Property Taxes | :$2718.97 |
| Tax Year | :2021 |
|---|
| Bedrooms | :11 + |
|---|---|
| Heating | :Forced Air |
| Place of Worship | :No |
| Bathrooms | :3 |
|---|---|
| Approx Square Footage | :1662 sqft |
10 May, 2024
TREB #40440048
Back On Market
$770000
$770,000
60 Carlton Street, Niagara, ON
Listing ID #40440048
Price drop by $7,500
Price drop by $7,500