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43 Cosby Avenue St. Catharines, Ontario L2M 5R7

6 Bedroom 3 Bathroom
Central Air Conditioning Forced Air

$729,900

6.6% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.6% cap rate with a gross income of $60,000. Fully occupied and boasting ample parking with a detached garage, this property is designed for convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, make it a contemporary and attractive investment. Situated near major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether expanding your portfolio or starting fresh, secure this prime investment opportunity today! (id:38042)

Property Details

MLS® Number X10432667
Property Type Multi-family
Community Name 445 - Facer
AmenitiesNearBy Hospital
EquipmentType Water Heater - Gas
ParkingSpaceTotal 6
RentalEquipmentType Water Heater - Gas

Building

BathroomTotal 3
BedroomsAboveGround 6
BedroomsTotal 6
BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Other
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Hospital
Sewer Sanitary Sewer
SizeDepth 90 Ft
SizeFrontage 40 Ft
SizeIrregular 40 X 90 Ft
SizeTotalText 40 X 90 Ft|under 1/2 Acre
ZoningDescription R2

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