43 Cosby Ave St. Catharines, Ontario L2M 5R7
$769,900
Investors, seize the opportunity! Achieve over a 6% cap rate with this meticulously updated 3-unit building nestled in the bustling heart of St. Catharines, with a gross income of $60,000. Fully occupied, this property boasts ample parking and a detached garage for added convenience. Recent upgrades, including a new roof (2018), furnace (2018), 2 x 100 amp panels, and modernized flooring, kitchens, and bathrooms in each unit, ensure a contemporary and attractive investment. Situated in close proximity to major highways, shopping centers, bus routes, and public transit hubs, this property offers unmatched accessibility. Whether you're expanding your existing portfolio or venturing into real estate investment for the first time, this is the ideal opportunity to secure a property that combines a strong cap rate with a strategic location. Don't miss out on the chance to enhance or kickstart your investment portfolio! (id:46317)
Property Details
| MLS® Number | X8079466 |
| Property Type | Single Family |
| Parking Space Total | 6 |
Building
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Type | Other |
Parking
| Detached Garage |
Land
| Acreage | No |
https://www.realtor.ca/real-estate/26531944/43-cosby-ave-st-catharines
Salesperson
(905) 357-1700
8685 Lundys Lane #3
Niagara Falls, Ontario L2H 1H5
(905) 357-1700
(905) 357-1705
HTTP://www.revelrealty.ca
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February 20 2024 08:28:11
Toronto Real Estate Board
Revel Realty Inc.