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387 St. Paul St

11 Unit Block of Flats £664,363 (£60,397/Unit) 6.50% Net Initial Yield St Catharines, ON L2R 3N1

Block of Flats Ontario St Catharines 387 St. Paul St, St Catharines, ON L2R 3N1

Executive Summary

6.5 Cap! Invest in the heart of downtown St. Catharines with this exceptional mixed-use building located on the bustling main road of the downtown core. Featuring two well-maintained commercial storefront units with excellent tenants, and nine consistently occupied residential units. Contact us today for more details and to schedule a viewing. Contact Listing agent for Financials

Attachments

Proforma Casflow 387 St. Paul St 07.11.24

Property Facts

Price £664,363 Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Apartment Buildings
  • Multifamily Dormitory
Price Per Unit £60,397 Apartment Style Low Rise
Sale Type Investment Building Class C
Net Initial Yield 6.50% Building Size 3,676 SF
Sale Conditions Site Assembly Average Occupancy 97%
No. Units 11 Number of Floors 3
Property Type Residential Year Built 1970
Price £664,363
Price Per Unit £60,397
Sale Type Investment
Net Initial Yield 6.50%
Sale Conditions Site Assembly
No. Units 11
Property Type Residential
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Apartment Buildings
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Building Size 3,676 SF
Average Occupancy 97%
Number of Floors 3
Year Built 1970

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • On-Site Retail
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Walk Score ®
Walker's Paradise (98)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(905) 356-6062

Contact

  • Listing ID: 32595956

  • Date on Market: 26/07/2024

  • Last Updated:

  • Address: 387 St. Paul St, St Catharines, ON L2R 3N1

The Downtown St Catharines Residential Property at 387 St. Paul St, St Catharines, ON L2R 3N1 is currently available. Contact Golfi Team Remax for more information.

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© 2024 CoStar Group

387 St. Paul St
(905) 356-6062 x

387 St. Paul St

Dwayne Patrie

(905) 356-6062

(905) 356-6062

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