60 Carlton Street
St. Catharines, ON, L2R 1P8
$6000 month income. 10 Long Term Tenants 10 occupied bedrooms for cash flow. Highly needed and in demand rooming house situation. Zoning is R3 and currently recognized as a duplex, 3 hydro meters, 3 separate units each with exterior entrances with 5 bedrooms on 1st and 2nd floor apts. The property is being sold as is with the current long term tenant arrangement -10 occupied rooms @$6000 month, $72000yr. approx $58k Net after taxes, utilities etc. Highly tenantable area with transit and walking distance to grocery, doctors, amenities. 42x96 lot with single drive leading to open rear yard parking. the 1 bed basement apartment is vacant buyer to do their own due diligence on conversion. The basement apt was added by the previous owner, it may need some fire separation retro-fit and an electrical inspection.
Property Specification
| MLS Number | 40440048 |
| Property Type | Residential Income |
| Building Area | 1,662 Square Feet |
| Total Bedrooms | 11 |
| Basement | Full, Partially Finished |
| Above Grade Sqf | 1,662 Square Feet |
| Cooling | None |
| Heating | Forced Air, Natural Gas |
| Lot Size Source | GeoWarehouse |
| Sewage | Sewer (Municipal) |
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Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Listing courtesy of: ROYAL LEPAGE NRC REALTY