$789,000
Available - For Sale
Listing ID: X13584986
128 Park Street , St. Marys, N4X 0C1, Perth
| 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. |
| Price | $789,000 |
| Taxes: | $3569.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 128 Park Street , St. Marys, N4X 0C1, Perth |
| Directions/Cross Streets: | Wellington |
| Rooms: | 18 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Crawl Space |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 4 | |
| Washroom Type 3 | 4 | |
| Washroom Type 4 | 4 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick Veneer, Aluminum Siding |
| Garage Type: | Attached |
| Drive Parking Spaces: | 6 |
| Pool: | None |
| Approximatly Square Footage: | 3000-3500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| NU-VISTA PINNACLE REALTY BROKERAGE INC |
|
|
Maria Tompson
Sales Representative
Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Perth |
| Municipality: | St. Marys |
| Neighbourhood: | St. Marys |
| Style: | 2-Storey |
| Tax: | $3,569 |
| Beds: | 6 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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