Discover the perfect investment opportunity with this fully renovated duplex in the heart of St. Catharines. Ideal for investors seeking passive income or those looking to live in 1 unit while renting out the other. This unique side-by-side duplex features 2 meticulously updated units (2020 by the previous owner). This layout feels like you have your own home at the front unit & a main floor living area in the back unit with the bedroom in the basement. Both units boast modern kitchens, carpet-free, luxury vinyl flooring, beautifully renovated bathrooms & in-suite laundry in both units. The extensive renovations include updated plumbing & electrical systems, ensuring peace of mind & low maintenance for years to come. Each unit has separate hydro meters providing convenience & efficiency for tenants. Furnace updated Jan 2024. Washer & dryer in back unit replaced 2024. The current owner has maintained everything on the property. Unit 1 is vacant & ready for occupancy or leasing, while the other unit is tenanted with a reliable renter who wishes to stay. Projected rent for Unit 1 is $2,500/mo & current rent for Unit 2 is $1,230/mo. This property offers a unique blend of immediate rental income & potential for future growth, making it a desirable investment in the 2024 market. Don't miss out on this turnkey investment opportunity! Just steps to 12 Mile Creek, close to all amenities & bus routes. Vacant interior photos of Unit 2 from 2021.
Room Details:
Room | Level | Length (m) | Width (m) | |||
---|---|---|---|---|---|---|
Living | Main | 3.61 | 4.01 | |||
Kitchen | Main | 3.61 | 2.77 | |||
Br | Main | 2.39 | 4.75 | |||
Br | Main | 2.62 | 3.63 | |||
Bathroom | Main | 1.55 | 2.39 | 4 Pc Bath | ||
Prim Bdrm | 2nd | 3.61 | 3.68 | |||
Bathroom | 2nd | 2.39 | 3.68 | 5 Pc Bath | ||
Living | Main | 0.00 | 0.00 | |||
Kitchen | Main | 0.00 | 0.00 | |||
Bathroom | Main | 0.00 | 0.00 | 4 Pc Bath | ||
Br | Bsmt | 0.00 | 0.00 |