60 CARLTON STREET

Business For Sale in St Catharines (451 Downtown), Ontario

$770,000
  • 11 Beds
  • 3 Baths
  • 1,662 Sq. Ft.
$6000 month income. 10 Long Term Tenants 10 occupied bedrooms for cash flow. Highly needed and in demand rooming house situation. Zoning is R3 and currently recognized as a duplex, 3 hydro meters, 3 separate units each with exterior entrances with 5 bedrooms on 1st and 2nd floor apts. The property is being sold as is with the current long term tenant arrangement -10 occupied rooms @$6000 month, $72000yr. approx $58k Net after taxes, utilities etc. Highly tenantable area with transit and walking distance to grocery, doctors, amenities. 42x96 lot with single drive leading to open rear yard parking. the 1 bed basement apartment is vacant buyer to do their own due diligence on conversion. The basement apt was added by the previous owner, it may need some fire separation retro-fit and an electrical inspection. (id:4069)
Address 60 CARLTON STREET
List Price $770,000
Property Type Business
Area Ontario
Sub-Area St Catharines (451 Downtown)
Bedrooms 11
Bathrooms 3
Floor Area 1,662 Sq. Ft.
Lot Size Unit=42 x 96 FT Sq. Ft.
MLS® Number X9410939
Listing Brokerage ROYAL LEPAGE NRC REALTY
Basement Area Full (Partially finished)
Postal Code L2R1P8
Zoning R3
Site Influences Public Transit
Features Laundry- Coin operated

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