234 King Street E, Cobourg, Ontario

$985,000

Previous Next

6

Beds

3

Baths

About 234 King Street E

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:36535)

Features of 234 King Street E

Listing # X12479081
Price $985,000
Bedrooms 6
Bathrooms 3.00
Acres 0.00
Type Multi-family

Community Information

Address 234 King Street E
Subdivision Cobourg
City Cobourg
Province Ontario
Postal Code K9A1L6

Amenities

Features Flat site, Sump Pump
Parking Spaces 7
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water meter, Stove, Refrigerator
Heating Natural gas Radiant heat
Cooling Wall unit
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Brick
Lot Description 45 x 196 FT
Foundation Block

Listing Details

OfficeCourtesy Of RE/MAX ROUGE RIVER REALTY LTD.

Listing Map