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Multi-family For Sale $985,000 234 KING STREET E, Cobourg, Ontario

MLS#: X12479081

RE/MAX Rouge River Realty Ltd.
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Summary
Status
Active

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Address
234 KING STREET E, Cobourg, Ontario
Size
Listing Type
For Sale
Property Type
Multi-family
Commercial Type
Triplex

Photos

28

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. Fully tenanted, this is a true turnkey investment offering immediate and consistent rental income. Recent updates provide added peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, the property also presents 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 rents for $1,900 per month. Don't miss your chance to secure a prime Cobourg investment that combines strong income, long-term potential, and an unbeatable location. (id:23770)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City Cobourg
Province Ontario
PostalCode K9A1L6
Country Canada
Location Description Cross Streets: King St East & D'Arcy St. ** Directions: See GPS.
Community Name Cobourg
Street Address 234 KING STREET E
Property TypeMulti-family
Transaction TypeFor Sale
MLS #X12479081
Size Frontage45 ft
AcreageNo
SewerSanitary sewer
Size Depth196 ft
Size Irregular45 x 196 FT
FeaturesFlat site, Sump Pump
Zoning DescriptionR5
Property TypeMulti-family
Stories Total 2
Size Interior 1500 - 2000 sqft
Type Triplex
Utility Water Municipal water
Equipment Type Water Heater
Parking Space Total 7
Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 2
Bedrooms Total 6
Age 51 to 99 years
Rental Equipment Type Water Heater
Appliances Water meter, Stove, Refrigerator
Basement Development Finished
Basement Type Full (Finished)
Cooling Type Wall unit
Exterior Finish Brick
Fireplace Present False
Foundation Type Block
Heating Fuel Natural gas
Heating Type Radiant heat
Structure Deck
Price 985000.00
Listing Contract Date 2025-10-23
Lease 0.00
%

Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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