$1,425,000
FOR SALE

Investment

Lot: 148 x 33 ftTotal Area: 2,500 ft2
2023 Taxes: $7,610

1 James St W
Cobourg, ON K9A 2J8 | Northumberland

OPPORTUNITIES FOR MULTI UNIT PROPERTIES CLOSE TO THE BEACH IN COBOURG WITH SOLID INCOME ARE RARE. VERY WELL MAINTAINED 6 PLEX IN THE HEART OF COBOURG WITHIN WALKING DISTANCE TO SHOPPING, RESTAURANTS, PARKS, BEACH. FULLY RENTED CURRENTLY SHOWING A GOOD INCOME AND ROOM FOR GROWTH. INDIVIDUALLY METERED FOR HYDRO AND UPDATED/RENOVATED APPARTMENTS WITH CHARACTER AND CHARM. EXCELLENT ZONING WITH MANY PERMITED USES FOR FUTURE PLANS MAKES THIS ONE A GREAT INVESTMENT FOR THE FUTURE. CONTACT THE LOCAL AUTHORITIES DIRECTLY FOR ANY INFORMATION AND DO YOUR DUE DILIGENCE BEFORE MOVING FORWARD. SERIOUS INQUIRIES ONLY PLEASE, THE TENANTS DO NOT NEED TO BE DISTURBED DAILY WITHOUT VALID REASONS. BUYERS SHOULD BE PRE APPROVED FINANCIALLY FOR THIS TYPE OF PURCHASE IN ADVANCE. IF YOU'RE LOOKING TO INVEST IN A MULTI UNIT IN COBOURG AND IN YOUR FUTURE THEN YOU WON'T WANT TO WAIT ON THIS ONE.
Extras
SOLID INCOME PROPERTY IN A GREAT LOCATION WITH ROOM FOR GROWTH AS UNITS TURNOVER. VERY HARD TO FIND A WELL MAINTAINED 6 PLEX FOR SALE IN COBOURG SO CLOSE TO LAKE ONTARIO WITH GOOD INCOME.
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Listed By REAL ESTATE HOMEWARD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8092142
Last Updated Mar 18, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
PIN 510940337
Occupancy Tenant
Possession Date IMMEDIATE
Taxes (2023) $7,610
Tax Type Annual
Directions/Cross Streets Division
Neighbourhood Cobourg
Area Northumberland
Price History

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Detailed Information
Freestanding Y
Lot 148 x 33 ft
Total Area 2,500 ft2
Elevator None
Air Conditioning N
Basement Y
Chattels Y
Garage Type None
Heat Type Gas Forced Air Closd
Financial Statement N
Utilities A
Water Municipal
Survey N
Lot/Bldg/Unit Code Building
Zoning R-5
Seller Property Info Statement N

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