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43 Cosby Avenue St. Catharines, Ontario L2M 5R7

Speak to an Agent About 43 Cosby Avenue, St. Catharines
6 Bedroom 3 Bathroom 1260 sqft sq. ft
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:38042)

43 Cosby Avenue, St. Catharines Property Overview

MLS® Number 40610945
Property Type Multi-family
AmenitiesNearBy Hospital, Public Transit, Schools, Shopping
CommunityFeatures School Bus
EquipmentType Water Heater
ParkingSpaceTotal 6
RentalEquipmentType Water Heater

43 Cosby Avenue, St. Catharines Building Features

BathroomTotal 3
BedroomsTotal 6
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1945
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1260 Sqft
Type Triplex
UtilityWater Municipal Water

43 Cosby Avenue, St. Catharines Parking

Detached Garage

43 Cosby Avenue, St. Catharines Land Details

AccessType Highway Access
Acreage No
LandAmenities Hospital, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 90 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R2
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June 24 2024 06:21:12

Niagara Association of REALTORS®

Revel Realty Inc., Brokerage