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$985,000

6 Beds 3 Baths 1,500 SQFT 0.00 Acres
Type: Multi-Family

234 KING STREET E
Cobourg, ON K9A1L6

MLS#: X12479081
Varun Mathur
Varun Mathur
Condo Digs
Broker of Record
Phone: 416.839.6150
Office: 416.987.5990
Presented by: RE/MAX ROUGE RIVER REALTY LTD.

Property Description

 

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. Fully tenanted, this is a true turnkey investment offering immediate and consistent rental income. Recent updates provide added peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, the property also presents 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 rents for $1,900 per month. Don't miss your chance to secure a prime Cobourg investment that combines strong income, long-term potential, and an unbeatable location. (id:7434)


 

Interior Features

Bedrooms

Bedrooms4+2

Other Interior Features

Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeRadiant heat
Living Area Range1,500 sqft

General

Building Age51 to 99 years
Building AppliancesWater meter, Stove, Refrigerator
Building Cooling TypeWall unit
Building TypeTriplex
Building.StoriesTotal2
CommunityNameCobourg
FeaturesFlat site, Sump Pump
Foundation TypeBlock
Location DescriptionCross Streets: King St East & D'Arcy St. ** Directions: See GPS.
Parking Space Total7
Property TypeMulti-family
Zoning DescriptionR5

Exterior

Exterior FinishBrick
SewerSanitary sewer
StructureDeck

Additional Details

  

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$985,000

6 Beds 3 Baths 1,500 SQFT 0.00 Acres
Type: Multi-Family

234 KING STREET E
Cobourg, ON K9A1L6

MLS#: X12479081
Varun Mathur
Varun Mathur
Condo Digs
Broker of Record
Phone: 416.839.6150
Office: 416.987.5990
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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