$739,900 $3,972 est/mo Sourced by Back At You
43 Cosby Avenue , St. Catharines, ON L2M 5R7
St. Catharines, ON L2M 5R7
Description
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!
Details
| MLS# | 40655684 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 11 |
| Listing Provided By | REVEL Realty Inc., Brokerage | Phyllis De Prophetis |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,260 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | R2 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | St. Catharines |
| Postal Code | L2M 5R7 |
| Area | St. Catharines |
| Subarea | 445 Facer |
| Community Name | 445 Facer |
| Listing VS Median (in 445 Facer) | |
Price: $739,900 low | high Med: $449,900 SqFt: 1,260 low | high Med: 609 $ / SqFt: $587 low | high Med: $739 On Site: 11 low | high Med: 201.000000 | |
Listing Updated: October 1, 2024 at 12:25:49 PM PDT