15 - 17 James St W

Great opportunity to buy in downtown Cobourg. Close to beach, 401, and right in the heart of Cobourg. Two apartments rented one bedroom apt $1750 plus water, heat, hydro, 2nd apartment is 2 floors, 2 bedrooms,$1275 per month plus water,heat and hydro, Office space on main floor currently rented $2718.36 with lease until Nov. 1 2024 Water paid by landlord for office, individually metered for heat and hydro. Tenants in apartments pay water. Town parking lot behind the building plus private parking space for tenants Part basement Repair needed for ground to 1st floor staircase at back of building

Legal Triplex Property Suitable for savvy Investors to maximize income potential. Zoned Developmentw/ many home business uses (See attachments for uses. Check w/ town for any potential variances tozoning) Tenants have privacy & direct entrances to each unit. Convenient to all amenities that makeCobourg appealing to live, work, play & invest. 98ft Wide lot has Privacy trees & good potential toadd additional units for more $$. Set-back from main arterial road w/ Circular Drive. Well-maintained. Solid tenancy. 1 lower unit Vacated & Professionally Renovated. Owner-occupy or set themarket rent & choose your own tenant. Located close to 401 for commuters, VIA Station, Buses Schools,Shopping & Downtown & the Beach & Marina all 2KM 6 Parking spots. Perfect starter investment forBuyers who wish to get into property ownership & enjoy income from 2 Apts to help offset mortgage.

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.