234 King Street E, Cobourg, ON K9A 1L6
Cobourg, ON, K9A 1L6 · Cobourg
About this property
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.
Features & Amenities
- Basement: Full, Finished
- Garage: None
- Cooling: Wall Unit(s)
- Heat Type: Radiant
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2-Storey |
| Bedrooms | 6 |
| Bathrooms | 3 |
| Basement | Full, Finished |
| Garage | None |
| Parking Spaces | 7 |
| Heat Type | Radiant |
| Heat Source | Gas |
| Cooling | Wall Unit(s) |
| Sewer | Sewer |
| Annual Tax | $4,237 |
| Tax Year | 2024 |
Interior Features
- Interior Features
- Sump Pump, Workbench
Exterior Features
- Exterior Features
- Deck
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Full, Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Gas
- Cooling
- Wall Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 7
- Parking Total
- 7.00
- Parking Features
- Available
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 196.00
- Lot Width
- 45.00
Financial & Tax
- Tax Annual Amount
- $4,237
- Tax Year
- 2024
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Rooms Below Grade
- 7
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Northumberland
- Cross Street
- King St East & D'Arcy St
- Directions
- See GPS
- Special Designation
- Unknown
- Showing Requirements
- See Brokerage Remarks, Showing System
Location
234 King Street E, Cobourg, ON K9A 1L6, Cobourg, ON, K9A 1L6