661 Ewing Street Cobourg, Ontario K9A 5N7

$600,000

OPPORTUNITY, OPPORTUNITY, yes, all caps. Motivated Seller. Huge price reduction. Must Sell. $60,000.00 Annual Gross Income. CAP rate is 8.2 %. Both units have their own private driveway and private entrance. Live in one and rent the other or add this income generator to your portfolio. Lower unit recently renovated and legal extra driveway added. Turnkey investment not to be missed. All the "market turmoil" makes this a safe bet for your future. If you've ever dreamed of "passive income", now is your chance. Both 3 bed, one bath units in a great neighbourhood of the lakeside community of Cobourg which has forever had low vacancy rates. Act now! (id:59743)

Property Details

MLS® Number	X12295110
Property Type	Single Family
Community Name	Cobourg
Equipment Type	Water Heater - Gas
Features	Lane
Parking Space Total	4
Rental Equipment Type	Water Heater - Gas
Structure	Shed

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Below Ground	3
Bedrooms Total	6
Age	16 To 30 Years
Appliances	Water Meter, Water Heater, Dishwasher, Dryer, Microwave, Two Stoves, Two Washers, Two Refrigerators
Architectural Style	Bungalow
Basement Features	Apartment In Basement, Separate Entrance
Basement Type	N/a
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Fireplace Present	Yes
Fireplace Total	1
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	1
Size Interior	1,100 - 1,500 Ft2
Type	House
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	98 Ft ,4 In
Size Frontage	55 Ft ,9 In
Size Irregular	55.8 X 98.4 Ft
Size Total Text	55.8 X 98.4 Ft|under 1/2 Acre
Zoning Description	R2

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/28627473/661-ewing-street-cobourg-cobourg