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1 James Street W, Cobourg, Ontario

$1,425,000

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2,500

Square feet

About 1 James Street W

OPPORTUNITIES FOR MULTI UNIT PROPERTIES CLOSE TO THE BEACH IN COBOURG WITH SOLID INCOME ARE RARE. VERY WELL MAINTAINED 6 PLEX IN THE HEART OF COBOURG WITHIN WALKING DISTANCE TO SHOPPING, RESTAURANTS, PARKS, BEACH. FULLY RENTED CURRENTLY SHOWING A GOOD INCOME AND ROOM FOR GROWTH. INDIVIDUALLY METERED FOR HYDRO AND UPDATED/RENOVATED APPARTMENTS WITH CHARACTER AND CHARM. 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.

Features of 1 James Street W

MLS® # X8092142
Price $1,425,000
Bathrooms 0.00
Square Footage 2,500
Type Commercial Sale
Sub-Type Investment
Status A

Community Information

Address 1 James Street W
Area Northumberland
Subdivision Cobourg
City Cobourg
Province Ontario
Postal Code K9A 2J8

Amenities

Utilities A
Features SOLID INCOME PROPERTY IN A GREAT LOCATION WITH ROOM FOR GROWTH AS UNITS TURNOVER. VERY HARD TO FIND A WELL MAINTAINED 6 PLEX FOR SALE IN COBOURG SO CLOSE TO LAKE ONTARIO WITH GOOD INCOME.
Garages None

Interior

Heating Gas Forced Air Closd
Has Basement Yes

Exterior

Lot Description 148.00x33.00 Feet

Additional Information

Date Last Updated September 9th, 2024
Zoning R-5

Listing Details

OfficeREAL ESTATE HOMEWARD

Listing Map

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