Space
Finished area and layout
- Square Feet
- 3,000-3,500 sqft
- Bedrooms
- 6
- Bathrooms
- 4
Property Snapshot
MLS #X13584986
Finished area and layout
Type, style and structure
This 6-bedroom, 4-bathroom fourplex in St. Marys offers 3,000-3,500 sqft of square feet on a 147.2 x 49.7 FT lot. 2 storeys. The home features window unit(s), a crawl space basement. Highlights include a none pool.
Investment Opportunity - Turnkey Fourplex in the Heart of St. Marys An exceptional opportunity to acquire a well-performing fourplex in one of St. Marys' established residential neighbourhoods. Ideally situated on the prominent corner of Park Street and Wellington Street, 128 Park Street offers investors a stable, income-producing asset with strong financial performance and long-term growth potential. Generating approximately $67,000 in annual gross rental income and boasting a Net Operating Income (NOI) of $48,367, this property is offered at $789,000, presenting an attractive capitalization rate for investors seeking dependable cash flow and future appreciation. Corner lot positioning provides excellent curb appeal, strong tenant appeal, and long-term redevelopment potential, while the property's location offers convenient access to downtown amenities, parks, schools, shopping, and major commuter routes. Whether you're expanding an existing portfolio or acquiring your first multi-family investment, this turnkey fourplex delivers the fundamentals investors are looking for: consistent income, proven performance, and a desirable location in the growing community of St. Marys. (id:60351)
Corner of Park and wellington
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Land, frontage and setting
Price, taxes and monthly charges
Listed by TY FORSTER, NU-VISTA PINNACLE REALTY BROKERAGE INC
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Listed by TY FORSTER, NU-VISTA PINNACLE REALTY BROKERAGE INC · MLS# X13584986
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