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Listed by Re/Max Gold Realty Inc..
78 Geneva Street is a Detached, 2-Storey and is currently for Sale @ $949,800. Taxes in 2023 were $3,732.00.
More homes for sale under 900k in St. Catharines
7% cap rate! Welcome to your next investment venture in the heart of St. The 2-Storey on 78 Geneva Street has 7 bedrooms, 5 bathrooms, and is located on a 100.22 x 33.07 ft lot in the community of . Catharines! This exceptional property presents a lucrative opportunity for savvy investors. Boasting 4/5 vacant residential units - including two spacious one-bedroom units and three versatile bachelor suites - and a thriving laundromat business on the main floor, equipped with 8 washer and 4 double stack dryer units, this property is primed for immediate income generation. Plus, with the potential to add a sixth unit in the basement, the possibilities for maximizing returns are endless. Updated boiler systems, approved permits, and a detached structure with neighbouring properties undergoing redevelopment plans further elevate its value. Data room available in brochure link
The address 78 Geneva Street was listed for sale (MLS# X9233128) on Wednesday, July 31, 2024.