Address: 128 PARK STREET, St. Marys FOR SALE Postal Code: N4X0C1 Style: Type: Multi-family Fourplex Bedrooms: 6 Bathrooms: 4 Bedrooms Aboveground: 6 Parking: Attached Garage Garage: Attached Garage Lot Size (Approximate): 147 ft ,2 in x 49 ft ,8 in Property Size (Approximate): 147.2 x 49.7 FT Stories: 2
About 128 Park Street
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:56071). Get more information on 128 Park Street
Property Features
Rental Equipment: Directions: Cross Streets: Wellington. ** Directions: Corner of Park and wellington. Interior Size (Approximate): 3000 - 3500 sqft Lot (Approximate): 147.2 x 49.7 FT 147.2 x 49.7 FT Exterior Finish: Brick Veneer, Aluminum siding Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Window air conditioner Age (Approximate): Foundation: Stone Basement: Crawl space
Rooms & Sizes
(Approximate)
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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NEW LISTING
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FOR SALE