Rachel Stempski

Broker


LOADING

43 Cosby Avenue St. Catharines, Ontario L2M 5R7

6 Bedroom 3 Bathroom 1260 sqft
Central Air Conditioning Forced Air

$749,000

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:50705)

Property Details

MLS® Number 40610945
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 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

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/27084056/43-cosby-avenue-st-catharines

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Phyllis De Prophetis
Broker

(905) 380-4338
(905) 357-1705
thedeproteam.ca
www.facebook.com/thedeproteam
https://www.instagram.com/thedeproteam

Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5

(905) 357-1700
(905) 357-1705
www.revelrealty.ca/

Dennis Deprophetis
Salesperson

(905) 380-3366
(905) 357-1705

Revel Realty Inc., Brokerage
8685 Lundy's Lane, Unit 1
Niagara Falls, Ontario L2H 1H5

(905) 357-1700
(905) 357-1705
www.revelrealty.ca/

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