26 GALE CRES Pending

St. Catharines,ON L2R 3K9

$ 2099000

0 Bed

- Bath

10107 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 10,107 sqft

Price per Sqft $207

MLS Listing ID X9413854

Annual Tax Amount $18,848

Tax Year 2023

Property Description

Step into the practicality and comfort of 26 Gale Crescent, a modest yet well-appointed three-story apartment building. This sturdy structure boasts a commitment to upkeep, evident in its neatly maintained premises. Security is a priority here, with surveillance cameras strategically placed in the interior and exterior of the building. The building contains 12 units, with 8 recently renovated and vacant. Each unit is equipped with its own meter, offering residents the convenience of managing their own utilities independently. Parking is hassle-free, with plenty of space available at the rear of the building. Recent updates made to the mechanical room. This property comes with a commendable cap rate exceeding 6% which makes this investment opportunity stand out in the market.Don't overlook the potential of owning this building. Seize the opportunity before it's gone!

Location

Province ON

County Niagara

Community 450 - E. Chester

Area Niagara

Zoning R3

Region 450 - E. Chester

City Region 450 - E. Chester

Rooms

Kitchen 0

Interior

Interior Features None

Cooling No

Inclusions Other

Laundry Coin Operated

Exterior

Garage Spaces 8.0

Pool None

Utilities Available Unknown

Roof Type Flat

Total Parking Spaces 8

Building

Lot Description Irregular Lot

Foundation Other

New Construction false

Others

Senior Community No

Security Features Unknown

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