St. Catharines - 461 - Glendale/Glenridge
St. Catharines - 461 - Glendale/Glenridge
Sold For$915,000
Listed For $925,000
Sold Jul 2017
Great Investment Opportunity - One of the best values in Student housing to hit the market this year. Close to Brock University - Great opportunity to purchase a well kept 4 unit - 14 bedroom rental property. Property is fully rented until April 30th 2018 for $5600 per month. Property consists of two 4 bedroom units and 2 three bedroom units. Same owner since 2003, updates include, low maintenance exterior, replacement vinyl windows, newer asphalt shingles, commercial hot water tank two years old (owned), Hot Water Boiler 1 yr old, all new entry doors, motion sensor exterior lights. All units are hardwired for internet, all units have a dishwasher. There are two laundry rooms (2 washers/2 dryers). Gross Income is: $67,500. Operating Expenses = Taxes -$5,652, Gas - $1,456, Hydro - $3,495
* Values are estimates only and not a guarantee of lending or affordability.
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