43 COSBY AVENUE Active

St. Catharines (445 - Facer),ON L2M5R7

$ 739900

6 Beds

3 Baths

1260 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $587

Subdivision 445 - Facer

MLS Listing ID X9414800

Bedrooms 6

Originating Board Niagara Association of REALTORS®

Property 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! (id:24570)

Location

Province ON

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Garage Yes

Waterfront No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Sewer Sanitary sewer

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