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Welcome to 199 Russell Ave

Front view2

Main floor unit entrance back of home

Main floor unit kitchen view 1

Main floor unit kitchen view 2

Main floor unit kitchen view 3

Main floor unit 4pc bath

Main floor unit living room view 1

Main floor unit living room view 2

Main floor unit bedroom view 1

Main floor unit bedroom view 2

Lower level unit entrance side of driveway

Please come in and check it out

Lower unit living room currently used as bedroom

Lower unit living room view

Lower level unit kitchen view 1

Lower level unit kitchen view 2

Lower level unit kitchen view 3

Lower level unit 4pc bath

Lower level unit bedroom currently used as storage

Front view of home with upper unit entrance.

Upper unit has declined photos.

Separate meters

Garage view 1

Garage view 2

Back view and driveway view of home

Plenty of parking space

Garage currently being used as storage

Thank you for visiting and viewing these triplex

Floor plan layout

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Description

Legal Triplex - Turnkey Investment Opportunity! Here's your opportunity to own a legal triplex in St.Catharines' desirable Fitzgerald neighbourhood, conveniently located on Russell Avenue between Niagara Street and Geneva Street. Producing $36,000 in annual gross scheduled rental income, this fully tenanted property offers immediate cash flow and excellent long-term investment potential. The property features three self-contained units, including a main floor one-bedroom apartment, an upper-level two-bedroom unit (with the flexibility to use the second bedroom as a living room, den, or office), and a lower-level one-bedroom apartment. Each unit is separately metered for hydro and gas, while water is owner-paid. The property is serviced by three rented hot water tanks. Major improvements include the house roof (2017), garage roof (2023), professional exterior painting (2025), and completed fire separation upgrades (2026). An Electrical Safety Authority (ESA) certificate will be provided upon completion of the scheduled inspection. An extra-wide detached garage offers excellent storage, and the driveway accommodates parking for four vehicles. Located just minutes from downtown St. Catharines, Montebello Park, restaurants, cafés, shopping, schools, public transit, and highway access, this location is highly desirable for both tenants and investors. A comprehensive due diligence package, including financial statements, leases, utility information, permit history, and a pre-home inspection report, is available to assist buyers in making an informed purchasing decision. Whether you're expanding your investment portfolio or purchasing your first income property, this legal, income-producing triplex offers reliable tenants, documented improvements, and outstanding value in one of St.Catharines' most desirable central neighbourhoods. Move forward with confidence knowing the due diligence has already been done. Don't miss this opportunity! (id:13843)

Details

Features

Interior

Exterior

Parking

Utilities

Taxes

MLS Number: X13613366

Listing Provided By: Rick Cardamone – (905) 651-4948

ROYAL LEPAGE NRC REALTY – (905) 357-3000