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43 Cosby Avenue St. Catharines, Ontario L2M 5R7

6 Bedroom 3 Bathroom 1260 sqft sq. ft
Central Air Conditioning Forced Air

$739,900

6.5% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.5% 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 40655684
Property Type Multi-family
AmenitiesNearBy Hospital, Public Transit, Schools, Shopping
CommunityFeatures School Bus
EquipmentType Water Heater
ParkingSpaceTotal 6
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsTotal 6
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1945
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1260 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 90 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R2

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