$985,000

Investment For Sale In Cobourg, Ontario

$985,000

Property Information:

Discover the perfect addition to your portfolio with this beautifully maintained triplex, ideally located just a short stroll from Cobourg's renowned beach, vibrant downtown, picturesque parks, and popular restaurants.This property features three charming two-bedroom apartments, each designed for comfort and character, with original hardwood flooring adding timeless appeal. The top unit is vacant, offering an excellent opportunity for an owner-occupier or immediate tenant placement. Recent updates ensure peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, this property also offers exciting potential for future growth and development.The main-floor apartment currently rents for $2,000 per month, the lower unit rents for $1,150 per month, and the upper unit is vacant. Don't miss your chance to secure a prime Cobourg investment that blends strong rental income, future potential, and a highly desirable location (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Water meter, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4+2
  • Bathrooms: 3
  • Features: Flat site, Sump Pump
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 196.0 Feet
  • Lot Frontage: 45.0 Feet
  • Lot Size: 45 x 196 FT
  • Structure Type: Deck
  • Zoning: R5
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 7

Courtesy of: RE/MAX ROUGE RIVER REALTY LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.