$ 739,900
43 COSBY Avenue St. Catharines, ON L2M5R7
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$ 739,900
Est. payment | /mo
6 Beds
3 Baths
1,260 SqFt
$ 739,900
Est. payment | /mo
6 Beds
3 Baths
1,260 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $587
Subdivision 445 - Facer
MLS® Listing ID 40655684
Bedrooms 6
Originating Board Niagara Association of REALTORS®
Year Built 1945
Property Description
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:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Garage Yes
Community Features School Bus
Waterfront No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by REVEL Realty Inc., Brokerage