Incredible investment opportunity in the heart of downtown Cobourg! 5.6% Cap rate, Rare opportunity to own a prime piece of real estate within walking distance to Cobourg Beach & Victoria Park. 2 x 1 Bedroom units, 1 x 2 Bedroom unit & 1 Commercial Space. Roof re-shingled in 2017, Onsite parking for up to 4 vehicles, Tenants pay their own Hydro. The convenient central location allows for easy access to downtown shops/restaurants, the beach, local transit and the VIA rail station. **** EXTRAS **** Current Rents: Unit 1A pays $848.72, Unit 1B pays $1,900 monthly, Unit 2A pays $1,700 & Unit 2B pays $1,800. (35227477)
Property Type
Multi-family
Building Type
Multi-Family
Land Size
33 x 165 FT ; 33' X 165'
Annual Property Taxes
$10,060 (CAD)
Time on REALTOR.ca
49 days
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