26 Gale CRES new

St. Catharines,ON L2R 3K9

$ 2050000

0 Bed

- Bath

10107 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 10,107 sqft

Price per Sqft $202

Subdivision 450 - E. Chester

MLS Listing ID X11957110

Annual Tax Amount $18,848

Tax Year 2024

Property Description

Welcome to 26 Gale Crescent Under POWER OF SALE. A tremendous Investment Opportunity! Own a 12 Unit Multiplex With An Exceptional Cap Rate Above 6%. This 3 Storey 12 Unit Multiplex Has Been Meticulously Maintained With 8 Recently Renovated Vacant Units! Each Unit is Separately Metered Making It A Breeze To Manage. Parking Is Never An Issue With Ample Outdoor Parking In The Rear. Loads Of Storage Is Available As Well In The Detached Garage. Prime Location In One Of Niagara's Prominent Cities. Truly A Gem. Invest Or Live In One Unit And Have The Rent Carry! Very Rare Opportunity To Become A Landlord Of An Apartment Complex! Build Generational Wealth!

Location

State ON

County Niagara

Community 450 - E. Chester

Area Niagara

Zoning R3

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 68.09

Lot Depth 162.56

Building

Lot Description Irregular Lot

New Construction false

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