78 Geneva St, St. Catharines, Ontario L2R 4M9

Welcome to a prime investment in downtown St. Catharines! Priced at a 6.11% cap rate with high rental potential. This property features 4/5 vacant residential units: two junior one-bedrooms and three large one-bedrooms, all recently renovated with new floors, kitchens, washrooms, and paint. The main floor houses a fully operational laundromat with 8 washers and 4 double-stacked dryers, offering steady income. Additional features include a new radiant hot water heating system, updated boiler systems, and fresh exterior paint with a newer roof. Located on a main thoroughfare with its own future redevelopment potential, this property promises not just immediate cash flow but also long-term growth prospects. Dont miss out this rare investments gem in booming St. Catharine's. Details available in brochure and data room available with executed NDA.

Inclusions: Smoke Detector,Other,Fridge, Stove, 1xac Split System, 8 Washers, 4 Double Stack Dryers,