$679,900

47 CHAPLIN AVENUE, St. Catharines, Ontario

4 Bedrooms

3 Bathrooms

MLS® X12181783RE/MAX NIAGARA REALTY LTD, BROKERAGE

WELCOME TO YOUR NEXT BEST INVESTMENT OPPORTUNITY! WHETHER YOU'RE A NEW INVESTOR OR SEASONED INVESTOR LOOKING TO ADD TO THEIR PORTFOLIO, THIS PROPERTY IS SURE TO BE A GREAT ASSET! LOCATED JUST OUTSIDE OF DOWNTOWN ST.CATHARINES BETWEEN ONTARIO STREET AND LAKE STREET. THIS PROPERTY IS SITUATED IN A VERY CONVENIENT LOCATION- CLOSE TO QEW & 406, GROCERY STORES, SCHOOLS, RESTAURANTS, AND ENTERTAINMENT. CURRENTLY THE PROPERTY IS BEING OPERATED AS A DUPLEX WITH GREAT TENANTS! THE BASEMENT HAS A SEPARATE WALK OUT WHERE YOU COULD ADD A THIRD UNIT IN THE BASEMENT. CITY OF ST.CATHARINES OFFERS UP TO $80,000 GRANT TO ADD UNITS TO A PROPERTY AND THIS COULD BE A GREAT PROGRAM TO IMPLEMENT INTO THIS PROPERTY. CURRENTLY THE PROPERTY GENERATES $3150 PER MONTH AS IS. PLUS WITH ALL THE NEW DEVELOPMENTS THAT ARE PLANNED TO COME TO ST.CATHARINES, YOU CAN BE REST ASSURED THE EQUITY VALUE WILL BE A GREAT BONUS IN YEARS TO COME. PLEASE BE RESPECTFUL WITH SHOWINGS- PLEASE PROVIDE MINIMUM 24 HOUR NOTICE FOR ALL SHOWINGS. (id:52316)

Property Information

Style: Duplex

Exterior: Brick

Central Air: Yes

Heating: Forced Air, Natural Gas

Sewer: Sanitary sewer

Water Supply: Municipal water

Upcoming Open Houses

There are no upcoming open houses for this listing.

Travel and Neighbourhood

Very Walkable

View on map
Jim Carver
Jim Carver

Sales Representative

RE/MAX Niagara

Contact Jim Carver