660 William St
Cobourg, K9A3A5
For Sale
$769,000
➧
➧
Apartment
CATEGORY1,845 Sq Ft
TOTAL AREAX8189348
MLSIDContact Us
Property Description
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.
Call
Extras
Unit 2-$1657.09 (M2M), Unit 3-$1650 Unit 1 Vacant Rents for$1600 Occupy or set your rent! Ins $1899/yr approx. Taxes $4409.04/yr Snow plow Maintenance $2000/yrHydro & Water is separately metred.
Property Details
Category
Apartment
Usage
Apts-2 To 5 Units
Zoning
D
Total Area
1,845 Sq Ft
Lot Size
99' x 131'
Taxes
$4,158 (2023)
Parking Spaces
6
Washrooms
1
Call
Listing contracted with Century 21 All-Pro Realty (1993) Ltd.
Similar Listings
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
Call
Immaculately maintained and modernized, this triplex nestled in Cobourg's heart offers an exceptional investment opportunity. Each unithas been meticulously updated, ensuring a hassle-free experience for both owner and tenants. Units 2 & 3 boast separate hydrometers, promoting tenant independence. With cozy one-bedroom layouts tailored to modern lifestyles, residents enjoy comfortable livingspaces. The shared basement provides laundry facilities and ample storage. Key upgrades, including a forced-air gas furnace installedin 2016 and recently replaced shingles in 2017. The property features copper plumbing and wiring with a 200-amp service, promisingreliability for years to come. Sitting on a spacious lot measuring 71' x 142', tenants have their own outdoor spaces for privacy andcommunity enjoyment. Parking is abundant, catering to the needs of both residents and visitors. Full Financials Available upon request
Call
OPPORTUNITY ALERT ! -- 15 AND 17 JAMES ST WEST IS A MULTI UNIT PROPERTY CLOSE TO THE BEACH IN THE HEART OF COBOURG WITHIN WALKING DISTANCE TO SHOPPING, RESTAURANTS, PARKS, BEACH. FULLY RENTED CURRENTLY AND SO MUCH ROOM FOR GROWTH. 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.
Call
Call