Fully vacant 4-Plex available in historic downtown Cobourg. Two 2-bedroom and two 3-bedroom units available to lease out at current market rent. Rare opportunity to purchase a vacant residential income property with potential for more. Zoned R4 with an extra large lot, there is room to grow. Plenty of parking on each side of the building, and room in the back yard for a detached accessory building. Great opportunity to live in one unit and rent out the others. One unit has recently been renovated, and the other three have had long term tenants. Metal roof, vinyl siding is easy to maintain. Separate gas, hydro, water meters. Very close to downtown and all amenities. Easily walkable to the lake and beach. Blake St is quiet and off the main arterial roads a very pleasant neighbourhood to live in. This property is a unique opportunity to enhance your real estate portfolio and start fresh. (id:4069)
Address
170-172 BLAKE STREET
List Price
$799,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Cobourg
Bedrooms
10
Bathrooms
4
Floor Area
3000 - 3500 Sq. Ft.
Lot Size
85.8 x 153.5 FT Ac.
MLS® Number
X12591492
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Basement Area
N/A (Unfinished)
Postal Code
K9A2K5
Features
Flat site
