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    Investors, seize the opportunity! Generating over a 6% cap rate, this meticulously updated 3-unit building nestled in the bustling heart of St. Catharines, has 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! (id:24093)
    Listed by DENNIS DEPROPHETIS and PHYLLIS DE PROPHETIS of REVEL Realty Inc.,Brokerage

    Property Details of 43 Cosby Avenue

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    "Based on information submitted to CREA as of April 21, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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