234 KING STREET E, Cobourg, Ontario, K9A1L6

Property Description

Discover the perfect addition to your portfolio with this beautifully maintained triplex, ideally located just a short stroll from Cobourg's renowned beach, vibrant downtown, picturesque parks, and popular restaurants.This property features three charming two-bedroom apartments, each designed for comfort and character, with original hardwood flooring adding timeless appeal. The top unit is vacant, offering an excellent opportunity for an owner-occupier or immediate tenant placement. Recent updates ensure peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, this property also offers exciting potential for future growth and development.The main-floor apartment currently rents for $2,000 per month, the lower unit rents for $1,150 per month, and the upper unit is vacant. Don't miss your chance to secure a prime Cobourg investment that blends strong rental income, future potential, and a highly desirable location (id:64974)

Quick Facts

• Property Type: Triplex
• Bedrooms: 6 (4 above, 2 below)
• Bathrooms: 3
• Attached: Yes
• Parking: 7 spaces (No Garage)
• Frontage: 45 ft (13.7 m)

Costs

• Annual Taxes: $4,236.71

Listing Provided by: RE/MAX ROUGE RIVER REALTY LTD.
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.