41 Geneva Street St. Catharines, Ontario L2N 2J8
$1,450,000
Fantastic Investment opportunity. Great ROI and room to add more income! Total Income $138,942.72. Expenses $33,614.28 Net $105,328.44 (Projected $18,000.00/yr - 5 Offices w bathroom and waiting area) Completely rebuilt main floor with over $200,000 spent in 19/20 all done with permits and to code. New windows in all apartments on second floor. Fire rated drywall and foam spray, new HVAC system (Furnace, A/C, and duct work.) updated Electrical and 8 meters. brand new mens and womens accessible bathrooms with 2 stalls each. Accessible front and bathroom doors. New interior steel doors. 4 spacious apartments fully rented (1- bach, 2-2bed, 1- 1 bed. Coin operated Laundry. Parking for 14 cars. Basement has 5 offices ready to rent out, owners storage area and another huge storage area currently rented by the commercial tenant. Almost 9000 sq ft of finished space with over 3500 sq ft on the main level and a concrete block wall that divides all levels. All apartments are rented and the main level plus basement storage area are rented to the commercial tenant with approx. 4 more years on lease. Basement office space is vacant and ready to rent. See Supplements for financials and book your viewing today. RSA. (id:43319)
Business
| Business Type | Other |
Property Details
| MLS® Number | H4110397 |
| Property Type | Retail |
| Parking Space Total | 14 |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Basement Type | None |
| Cooling Type | Air Conditioned |
| Heating Type | Forced Air, Boiler |
| Size Exterior | 7232 Sqft |
| Size Interior | 7232 Sqft |
| Type | Commercial Mix |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 0 |
| Size Total Text | 50 X 0|under 1/2 Acre |
| Zoning Description | M1-92-107 |
https://www.realtor.ca/real-estate/23362659/41-geneva-street-st-catharines
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July 19 2021 07:08:03
REALTORS® Association of Hamilton-Burlington
Ipro Realty Ltd.