43 Cosby Avenue, St. Catharines, Ontario

$749,000

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6

Beds

3

Baths

1,260

Square feet

About 43 Cosby Avenue

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:36535)

Features of 43 Cosby Avenue

Listing # 40543144
Price $749,000
Bedrooms 6
Bathrooms 3.00
Square Footage 1,260
Acres 0.00
Year Built 1945
Type Multi-family
Sub-Type Freehold

Community Information

Address 43 Cosby Avenue
Subdivision 445 - Facer
City St. Catharines
Province Ontario
Postal Code L2M5R7

Amenities

Amenities Hospital, Public Transit, Schools, Shopping
Parking Spaces 6
Parking Detached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Vinyl siding

Listing Details

OfficeCourtesy Of DENNIS DEPROPHETIS and PHYLLIS DE PROPHETIS Of REVEL Realty Inc., Brokerage

Listing Map