Investors, seize the opportunity! Achieve over a 6% cap rate with this meticulously updated 3-unit building nestled in the bustling heart of St. Catharines, with 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!
City: St. Catharines
Sold Comparables homes near Cosby Ave, St. Catharines
Located at 43 Cosby Ave , this St. Catharines house was listed for $749,000. It has bedrooms and 0 bathrooms. The property includes the following rooms: Bathroom, Bathroom, Bathroom. This property comes with 6 parking spots.
MLS#: X8079466 · $749,000 · bedroom house in St. Catharines