Fully rented 4 Plex to long-term tenants in the historic town of Cobalt. Centrally located near bus stops, library, restaurants & bar. Only a short walk to parks and the Classic Theatre. This complex includes. 2- 2 bedrooms, 1- 1 bedroom, and 1-3 bedroom apt. All have laundry hookups. Features incl. plenty of parking and this property sits on 3 lots. The seller recently upgraded the insulation in the attic, added vents, and kept up with the daily maintenance of fixtures and the yearly gas furnace checkup. Vinyl siding was upgraded in 2019, and roof shingles were replaced in 2020. Just over 42,000 of rental income per year. P & L is available. Ideal to add to your real estate portfolio? This property is worth a look. (id:47421)
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Listed By
ROYAL LEPAGE BEST CHOICE REALTY
Data Provided By
Timmins, Cochrane & Timiskaming District Association of REALTORS®
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Detailed Information
Bedrooms
8
Bathrooms
4
Lot
119 x 56 ft
Features
Irregular lot size
Listing Contract Date
2024-11-12
Location Description
Lang
# of Parking Spaces
4
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R2
Building
Appliances
Dryer, Refrigerator, Stove, Washer
Basement Development
Unfinished
Basement Type
N/A (Unfinished)
Construction Status
Insulation upgraded
Exterior Finish
Vinyl siding
Foundation Type
Unknown
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
Fourplex
Utility Water
Municipal water
Utilities
Type
Description
Cable
Installed
Sewer
Installed
Land
Total Size
119 x 56 FT | 1/2 - 1.99 acres
Sewer
Septic System
Size of Irregular Land
119 x 56 FT
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