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!
Last updated on : Saturday 23rd of November 2024 08:53:09 PM
Street : 43 COSBY AVENUE
City : St. Catharines (445 - Facer)
Province : Ontario
Country : Canada
Postal Code : L2M5R7
Property ID : X10432667
Building Type : Triplex
Property Type : Single Family
Bedrooms : 6
Bathrooms : 3
Parking : 6