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16-22 LYMAN Street, St. Catharines, ON L2R 5H7
451 - Downtown · Niagara · ON
MLS® Number: X13061602
Listing Brokerage: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Possibilities abound with this turn-key 8-unit investment opportunity in a prime location near downtown St. Catharines. This well-maintained building features 8 spacious 2-bedroom 1-bathroom units with tenants paying hydro. Currently, there are no vacancies. Also, included as a standout bonus is the leased 37-space parking lot, which currently generates an additional $3200 per month in rental income. Continue leasing for steady cash flow or explore alternative uses to maximize value through your own due diligence. Situated in a high-demand area close to transit, amenities, and the downtown core, this property offers both stability and growth potential and is ideal for investors looking to expand their portfolio with a solid, income-producing asset with an already built-in opportunity for increased returns.
Directions: welland to Gerrard to Raymond to Lyman
Cross Street: LYMAN/RAYMOND
No obligation or purchase necessary, cancel at any time.
905-226-7284
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