43 Cosby Avenue, St Catharines
43 Cosby Avenue, St Catharines
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30 Photos
- Bedrooms: 6
- Bathrooms: 3
- Living area: 1260 sqft
- MLS®: 40543144
- Type: Townhouse
- Added: 75 days ago
Property Details
Investors, seize the opportunity! Generating over a 6% cap rate, this meticulously updated 3-unit building nestled in the bustling heart of St. Catharines, has 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:1945)
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Property Information
- Sewer: Municipal sewage system
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Stories: 2
- Basement: Finished, Full
- Year Built: 1945
- Directions: Dieppe Rd & Welland Ave to Cosby
- Living Area: 1260
- Photos Count: 30
- Water Source: Municipal water
- Parking Total: 6
- Bedrooms Total: 6
- Structure Type: Triplex
- Common Interest: Freehold
- Parking Features: Detached Garage
- Subdivision Name: 445 - Facer
- Tax Annual Amount: 2900
- Exterior Features: Vinyl siding
- Community Features: School Bus
- Zoning Description: R2
- Number Of Units Total: 3
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