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:59743)

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

https://www.realtor.ca/real-estate/28079078/234-king-street-e-cobourg-cobourg