$899,000

109 Lake St

MLS®#:X5473103

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$899,000
Wow.. Fully Renovated From Top To Bottom* 1 Commercial Storefront* 1*2 Bedroom Unit & 2*1 Bdrm Units * Great Cash Flow * Downtown Area * Commercial Unit Rented At $1100 Mth. Unit #1 $1,250/mth, Unit #2 $1750/mth, Unit #3 $1350/mth * New Coin Laundry (2020) $200 * Gross Annual Income $67,800 * Net Annual Income $53,019.20* Newer Boiler * New Vinyl Flooring * S/steel Appliances * All New Kitchen Cabinets * New Hydro Panels * Roof Shingle (2021)* 3 Hydro Meters
Community
City St. Catharines
Postal Code L2R 5X7
MLS® Number X5473103
Days On Market 7 Days
Status Available
Purchase Type For Sale
Listing Type
Business Type Apts-2 To 5 Units
Cross Street Welland Ave/lake St

Interior

Beds 0-0
Baths 0
Air Conditioning N
Basement Y
Heating Water Radiators

Exterior

Parking Spaces 3
Garage Type None
Lot Size 60.01 x 0.00
Lot Front 60.01

Additional Information

Taxes $5,470
Tax Year 2021
Zoning M1
Water Source Municipal
Septic/Sewer San+storm Avail
Maintenance Fees $187
Extras Tankless Water Heater(Rented-2020) * New Vanities, Faucets, Sinks & Lights * Newly Painted * Extended Appliances Warranty For 3 Years * Maintenance-Free & Money Making Rare Property!

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