Two-story residence featuring a brick first level and horizontal siding on the second level Features: horizontal siding, shingle roof, entry steps, chimney, curbs, grill, brick siding More Photos

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    For Sale - 128 Park Street, St. Marys, Ontario

    Est payment $3,789/mo
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    Views   4
    Time on Jump  66 day

    AI Summary *

    • Turnkey fourplex in a well-established residential neighborhood.
    • Generates approximately $67,000 in annual rental income.
    • Located on a corner lot with strong curb appeal.
    • Access to downtown amenities, parks, schools, and shopping.
    • Ideal for expanding an investment portfolio or first-time buyers.




    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.
    Listing IDX13584986
    Address128 Park Street
    CitySt. Marys, Ontario
    Price$789,000
    Bed / Bath6 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick Veneer, Aluminum Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneOwnership FreeholdBasement Crawl SpaceFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  NU-VISTA PINNACLE REALTY BROKERAGE INC

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    128 Park Street
    St. Marys , Ontario
    6 4 $789,000
    Get more info