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Home ON Cobourg
1 JAMES STREET W
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1 JAMES STREET W $1,425,000
$1,425,000
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1 JAMES STREET W
Cobourg, Ontario K9A2J8

MLS® Number: X8092142

Listing Description

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. (34642221)

Location Description

DIVISION

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Cobourg
Land Size
Bldg=148 x 33 FT
Annual Property Taxes
$7,610
Time on REALTOR.ca
269 days

Building

Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
2500 sqft
Exterior Building Size
2500 sqft

Land

Lot Features
Frontage
148 ft
Land Depth
33 ft
Other Property Information
Zoning Description
R-5
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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