200 King St - Apartments FOR SALE


St Catharines, ON L2R 3J7- Downtown St Catharines
$1,700,000 CAD
416-417-9098
200 King St, St Catharines, ON for Sale
$1,700,000 CAD
Apartments - FOR SALE
1/2
null | 4.71% Cap Rate

200 King St
St Catharines, ON L2R 3J7
Downtown St Catharines


HIGHLIGHTS

  • Driveway parking 3 tandem cars
  • Bus at door and steps to downtown.

OVERVIEW

Great first time investor building in prime downtown St. Catharines. House form wood frame building substantially updated inside and out. Windows, roof, exterior, common areas all updated. 5 of the 7 suites have been gutted to the studs and totally renovated to condo quality including heat pump mini spits, stone countertops and new appliances. Tenants pay hydro. Over $30,000 upside in rents. Future gas savings $6,600 per year with removal of global boiler in the basement.

FOR SALE DETAILS

PRICE

$1,700,000 CAD

PRICE/SF

$196 CAD /SF

# OF UNITS

7

PRICE/UNIT

$242,857

CAP RATE

4.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,295 SF

ZONING

MR

APN/PARCEL ID

262904000406600

ASK ABOUT THIS PROPERTY

Lorenzo DiGianfeliceCommercial Focus Realty Inc.More Info
416-417-9098

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Lorenzo DiGianfeliceCommercial Focus Realty Inc.More Info
416-417-9098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.