Discover the perfect investment opportunity with this fully renovated duplex in the heart of St. Catharines. Ideal for investors seeking passive income or those looking to live in 1 unit while renting out the other. This unique side-by-side duplex features 2 meticulously updated units (2020 by the previous owner). This layout feels like you have your own home at the front unit & a main floor living area in the back unit with the bedroom in the basement. Both units boast modern kitchens, carpet-free, luxury vinyl flooring, beautifully renovated bathrooms & in-suite laundry in both units. The extensive renovations include updated plumbing & electrical systems, ensuring peace of mind & low maintenance for years to come. Each unit has separate hydro meters providing convenience & efficiency for tenants. Furnace updated Jan 2024. Washer & dryer in back unit replaced 2024. The current owner has maintained everything on the property. Unit 1 is vacant & ready for occupancy or leasing, while the other unit is tenanted with a reliable renter who wishes to stay. Projected rent for Unit 1 is $2,500/mo & current rent for Unit 2 is $1,230/mo. This property offers a unique blend of immediate rental income & potential for future growth, making it a desirable investment in the 2024 market. Don't miss out on this turnkey investment opportunity! Just steps to 12 Mile Creek, close to all amenities & bus routes. Vacant interior photos of Unit 2 from 2021. (id:51532)
Property Summary |
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Building |
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Land |
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Level | Rooms | Dimensions |
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Second level | Primary Bedroom | 3.61 m x 3.68 m |
Bathroom | 2.39 m x 3.68 m | |
Basement | Bedroom | Measurements not available |
Main level | Living room | 3.61 m x 4.01 m |
Kitchen | 3.61 m x 2.77 m | |
Bedroom | 2.39 m x 4.75 m | |
Bedroom | 2.62 m x 3.63 m | |
Bathroom | 1.55 m x 2.39 m | |
Living room | Measurements not available | |
Kitchen | Measurements not available | |
Bathroom | Measurements not available |
Features | |||||
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Dishwasher | Dryer | Refrigerator | |||
Stove | Two Washers | Two stoves | |||
Washer | Separate Electricity Meters |