St. Catharines, ON

Legal 5-plex with value-add upside

Wholesale assignment Posted today
New

Asking

$499,000

About this deal

Legal 5-plex in the St. Catharines / Niagara Region, currently rented as 4 units with a renovation opportunity. Separate entrances. Roof replaced in 2021. Reported monthly income $4,778 and reported monthly expenses $1,668. Purchase $499,000.

0 beds 0 bathsMulti-family 5+

Highlights

  • Reported income $4,778 per month
  • Reported expenses $1,668 per month
  • Rented as 4 of 5 units, upside on the fifth
  • Roof 2021, separate entrances

Deal type

Assignment of contract