128 Park Street, St. Marys, Ontario

About 128 Park Street

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:6289)

More Info on this St. Marys Fourplex MLS® listing

128 Park Street is a fourplex listing for sale in St. Marys. The MLS® number is X13584986. It features 6 bedrooms, 4 bathrooms. It's currently listed for $749,000. For more details on MLS® X13584986, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in St. Marys is available now!

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