41 GENEVA Street, St. Catharines, Ontario, L2N2J8
Property TypeRetail Building Area7232 square feet

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:12832)

Business TypeOther
Parking Spaces14 TransactionFor sale
Zoning DescriptionM1-92-107
AppliancesDryer, Refrigerator, Stove, Washer BasementNone
CoolingAir Conditioned HeatingForced air, Boiler
Size Exterior7232 sqft Size Interior7232 sqft
TypeCommercial Mix Utility WaterMunicipal water
Size Frontage50 ft Size Irregular50 x 0

Listing Office: IPro Realty Ltd.

Data Provided by REALTORS® Association of Hamilton-Burlington

Last Modified :30/07/2021 12:08:25 PM

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