6 Bedroom
3 Bathroom
1260
Central Air Conditioning
Forced Air
$749,000
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:50705)
Property Details
|
MLS® Number
|
40543144 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Hospital, Public Transit, Schools, Shopping |
|
Community Features
|
School Bus |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
6 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Total
|
6 |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1945 |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Vinyl Siding |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1260 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Public Transit, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
90 Ft |
|
Size Frontage
|
40 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R2 |
https://www.realtor.ca/real-estate/26531105/43-cosby-avenue-st-catharines
