234 KING STREET E

$985,000

Cobourg, Cobourg, Ontario

  • 6 beds
  • 3 baths
Commercial · Multi-familyType
7Parking
Radiant heat, Natural gasHeating
Wall unitCooling
314Days on market

About this property

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:66327)

Property details

Interior

Bedrooms
6
Bedrooms above grade
4
Bedrooms below grade
2
Bathrooms
3
Storeys
2
Basement
Finished, Full
Appliances
Refrigerator, Water meter, Stove

Exterior & parking

Structure type
Triplex
Architectural style
[]
Lot size
45 x 196 FT
Parking spaces
7
Parking features
No Garage
Exterior features
Brick

Building & HOA

Heating
Radiant heat, Natural gas
Cooling
Wall unit

Financial & legal

List price
$985,000
Annual taxes
$4,237
Status
Active
MLS® number
X12479081

Location

City
Cobourg
Neighbourhood
Cobourg
Province
Ontario
Postal code
K9A1L6
Directions
Cross Streets: King St East & D'Arcy St. ** Directions: See GPS.

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).