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128 Park Street, St. Marys, ON

Name: 128 Park Street, For Sale in St. Marys - Zoocasa
Brand: NU-VISTA PINNACLE REALTY BROKERAGE INC
SKU: X13584986
Price: 789000 CAD

House

For Sale

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647

MLS® X13584986

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage Yes

Taxes $3,569

Days Active 6

Lot Size

Approx. Age

MLS® Number X13584986

Property Address: 128 Park Street, St Marys, ON, N4X0C1

Average square foot calculated using Size range provided by listing agent.

Description

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:58753)Show Description

MLS® NumberX13584986

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementCrawl space

DrivewayAttached Garage, Garage

Garage Spaces

HeatForced air, Natural gas

A/CWindow air conditioner

Extras

Map

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