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Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $319
MLS Listing ID 40577995
Bedrooms 5
Annual Tax Amount $2,119
Property Description
GREAT INVESTMENT OPPORTUNITY! This very large 2.5 storey legal duplex is loaded with upside potential. Located in close proximity to shopping, public transit and highway access making it very appealing for any future tenants. Current layout comprises of a large 1 bedroom apartment that occupies the entire main floor and basement, and a four bedroom apartment which occupies the two upper levels. There is a rear patio/exterior staircase to access the second level unit. The interior features a staircase that has been walled off half way, providing the opportunity to convert this back to a single family residence, or student/rooming housing. A separate side entrance that can lead directly into the basement provides an opportunity for a potential third unit. This property underwent a complete renovation in 2009 with all the following major upgrades completed: roof shingles, soffits, fascia, eaves, vinyl windows, exterior doors, electrical service upgrade to 200 AMP with separate breaker panels, complete rewire of entire home, new plumbing and more. Current tenants have lived here for decades and are willing to stay. This is a great addition to any savvy investor who can extract the tremendous upside potential out of this property. Truly an opportunity not to be missed!
Location
Province ON
County Niagara
Area St. Catharines
Zoning M1
Rooms
Kitchen 0
Interior
Heating Radiant
Cooling Wall Unit(s)
Laundry Other
Exterior
Exterior Feature Balcony
Garage Concrete, Gravel
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Highway Access, Public Transit
Story 2.5
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
New Construction No
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