43 COSBY AVE new

St. Catharines,ON L2M 5R7

$ 729900

6 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10432667

Style 1 1/2 Storey

Bedrooms 6

Annual Tax Amount $2,900

Tax Year 2023

Property Description

6.6% CAP RATE! Investors, seize the opportunity! This meticulously updated 3-unit building in the bustling heart of St. Catharines generates a 6.6% 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!

Location

Province ON

County Niagara

Zoning R2

Rooms

Family Room No

Kitchen 3

Interior

Cooling Central Air

Exterior

Garage Private Double

Garage Spaces 6.0

Pool None

Roof Type Asphalt Shingle

Building

Foundation Block

New Construction false

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