234 King Street E Cobourg, Ontario K9A 1L6
$1,099,000
Discover your ideal investment opportunity with this stunning triplex in a prime location! This property features three beautiful two-bedroom apartments designed for comfort and style, showcasing original hardwood flooring. Its just a short walk to Cobourgs famed beach, vibrant downtown, charming parks, and various restaurants. The top apartment is vacant for those looking to move in and start their investment portfolio. The main floor unit has ductless A/C and was repainted throughout in 2023. The water and sewer updates were completed in 2024. There is ample parking, and it is zoned R5, providing future growth potential. The main floor apartment rents for $2000, the lower apartment rents for $1150 and the upstairs is vacant. Don't miss the chance to own this incredible property that offers excellent future investment potential. (id:61476)
Property Details
| MLS® Number | X12043895 |
| Property Type | Multi-family |
| Community Name | Cobourg |
| Equipment Type | Water Heater - Gas |
| Features | Flat Site, Sump Pump |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater - Gas |
| Structure | Deck |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Appliances | Water Meter, Stove, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 196 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | 45 X 196 Ft |
| Size Total Text | 45 X 196 Ft |
| Zoning Description | R5 |
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March 28 2025 12:49:31
Central Lakes Association of REALTORS®
RE/MAX Lakeshore Realty Inc.