144 KING STREET W, Cobourg, Ontario, CA

Address: 144 KING STREET W, Cobourg, Ontario

0 Beds0 Baths0 sqftStatus: Buy
Price $2,600,000

Property Overview


Exceptional fully renovated mixed-use 12-plex in the heart of Cobourg, Ontario. This turnkey property features 4 commercial units and 8 residential units, all with separate water and hydrometers, allowing tenants to pay their own utilities. Recent top-to-bottom upgrades ensure low maintenance and high appeal for current and potential tenants. Positioned in a desirable location, this property is a strong performer with exceptional income and low expenses. Additional revenue streams can be tapped from possible laundry and parking facilities. With Cobourg's growing market, this investment offers both immediate returns and future upside. Seize this rare opportunity to add a premier asset to your portfolio. Improvements include: new Mansard roof, fascia, all new pluming and electrical, all hydro and water meters separated, all new residential interior finishes and all new custom windows, with fire shutters on egress windows. Hundreds of thousands in upgrades! Please note that photos are from the prior listing - middle front commercial tenant is now Cobourg Fades. Some still photos and iGuide from prior to some residential tenants and central front commercial tenant moving in. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Community Name
Cobourg
Land Size
0.3 ac
Building
Building Features
Rental Equipment
Water Heater
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
MC
Features
           None
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Your Home Finance Calculation

Property Price CA $2,600,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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