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:4069)
Address
234 KING STREET E
List Price
$985,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Cobourg
Bedrooms
6
Bathrooms
3
Floor Area
1500 - 2000 Sq. Ft.
Lot Size
45 x 196 FT Ac.
MLS® Number
X12479081
Listing Brokerage
RE/MAX ROUGE RIVER REALTY LTD.
Basement Area
Full (Finished)
Postal Code
K9A1L6
Zoning
R5
Features
Flat site, Sump Pump
