33 FITZGERALD Street, St. Catharines, Ontario, L2R4B5

Property Description

Excellent opportunity to add a turnkey, cash-flowing Fourplex to your investment portfolio. Located in the heart of St.Catharines within walking distance to public transit, easy access to the QEW and everyday amenities. The property features four well-maintained, spacious units, all fully tenanted at strong market rents. Unit Breakdown: (#1) Main Floor Unit: 3 bedrooms, 1 4PC bathroom rented @  $1,925/month + hydro. (#2) Upper Rear Unit: 1 bedroom, 1 4PC bathroom rented @ $1,485/month + hydro. (#3) Upper Front Unit : 1 bedroom, 4PC bathroom rented @ $1,475/month + hydro. (#4) Basement Unit: 2 bedrooms, 1 3PC bathroom rented @ $1,595/month + hydro. Each unit is separately metered. All tenants have access to a designated washer & dryer with the upper units having en-suite laundry and the main and basement units sharing a common laundry area (again with separate washer & dryer sets).  Additional income is generated from the detached garage, currently rented for $40/month. The property has been consistently maintained over the years with recent updates including: Roof (2020) Electric Panels (2021), Flooring in all units (2020-2023), Boiler (2020), Tankless HWH (2020), Garage Door (2020) , Some windows (2020-2024), Some plumbing and electrical upgrades (2020-2023). Baseboard Heaters in unit #3 & #4 and Safe'n'Sound insulation and new Type X drywall in #4 ceiling (~ 2020). Financial information available upon request. Book your showing today! RSA.* (id:64974)

Quick Facts

• Property Type: Fourplex (Freehold)
• Bedrooms: 7
• Bathrooms: 5
• Living Area: 3,118 sq ft (289.7 m²)
• Above Grade: 2,000 sq ft (185.8 m²)
• Below Grade: 1,118 sq ft (103.9 m²)
• Year Built: 1939
• Ownership: Freehold
• Attached: Yes
• Parking: 3 spaces (Detached Garage)
• Frontage: 35 ft (10.7 m)

Costs

• Annual Taxes: $4,011.24

Listing Provided by: Rock Star Real Estate Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.