This prime investment opportunity presents a meticulously maintained and modernized triplex in the heart of Cobourg. Each unit has been extensively updated, offering a hassle-free experience for property owners and tenants alike. With separate hydrometers, tenants enjoy full independence over their utilities, and the cozy one-bedroom units provide comfortable and efficient living spaces. The shared basement includes laundry facilities and ample storage. Key upgrades, such as a forced-air gas furnace (2016), new shingles (2017), copper plumbing, and a 200-amp electrical service, ensure energy efficiency, reliability, and low maintenance costs. Situated on a spacious 71' x 142' lot, the property features private outdoor spaces, shared community areas, and ample parking for residents and visitors. Generating a net rent of $4,658 per month, this triplex offers an exceptional return on investment. Floor plans are attached for your review. **EXTRAS** TRIPLEX., 3 updated single bedroom units. Unit 1: $1125/month Units 2: $1733/Month Unit 3: $1800/month all units have separate hydro meters. Unit 3 is currently vacant for easy showings. (id:47421)
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Detailed Information
Bedrooms
3
Bathrooms
3
Lot
74.25 x 143.67 ft
Features
Carpet Free, In-Law Suite
Listing Contract Date
2025-02-20
Location Description
Cottesmore Ave/ King St E
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Single Family
Transaction Type
For sale
Building
Amenities
Separate Electricity Meters
Appliances
Water Heater, Water meter, Refrigerator, Stove
Basement Type
Full
Construction Style (Attachment)
Detached
Cooling Type
Wall unit
Exterior Finish
Brick, Vinyl siding
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
3.35 m x 3.12 m
Den
Second level
3.66 m x 2.4 m
Kitchen
Second level
2.1 m x 2.4 m
Living room
Second level
5.18 m x 4.27 m
Bedroom
Second level
4.27 m x 3.05 m
Laundry room
Basement
4.97 m x 6.63 m
Den
Main level
2.136 m x 3.66 m
Kitchen
Main level
4.88 m x 3.6 m
Dining room
Main level
4.88 m x 3.66 m
Bedroom
Main level
3.05 m x 3.05 m
Kitchen
Main level
2.24 m x 4.72 m
Living room
Main level
3.05 m x 4.72 m
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
74.27 x 143.7 FT
Sewer
Sanitary sewer
Size of Irregular Land
74.27 x 143.7 FT
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