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1 James Street W Cobourg, Ontario K9A 2J8

2500 sqft
Forced Air

$1,425,000

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. (id:48518)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X8092142
Property Type Multi-family
Community Name Cobourg

Building

HeatingFuel Natural Gas
HeatingType Forced Air
SizeExterior 2500 Sqft
SizeInterior 2500 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 33 Ft
SizeFrontage 148 Ft
SizeIrregular Bldg=148 X 33 Ft
SizeTotalText Bldg=148 X 33 Ft
ZoningDescription R-5

https://www.realtor.ca/real-estate/26550079/1-james-street-w-cobourg-cobourg

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Johnny Percolides
Broker


Real Estate Homeward
21 Glen Watford Rd
Cobourg, Ontario K9A 4S4