Axis Realty Brokerage


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29 King Street E Cobourg, Ontario K9A 2M1

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4 Bedroom 3 Bathroom
Baseboard Heaters

$899,000

Incredible investment opportunity in the heart of downtown Cobourg! Rare opportunity to own a prime piece of real estate within walking distance to Cobourg Beach & Victoria Park. 2 x 1 Bedroom units, 1 x 2 Bedroom unit & 1 Commercial Space. Roof re-shingled in 2017, Onsite parking for up to 4 vehicles, Tenants pay their own Hydro. The convenient central location allows for easy access to downtown shops/restaurants, the beach, local transit and the VIA rail station. **** EXTRAS **** Current Rents: Unit 1A pays $848.72, Unit 1B pays $1,900 monthly, Unit 2A pays $1,700 & Unit 2B pays $1,800. Expenses: Taxes$10,060, Insurance $5,235, Heat $866, Hydro $5,104, Water $2,070 (id:58072)

Property Details

MLS® Number X8336324
Property Type Retail
Community Name Cobourg
AmenitiesNearBy Beach, Park
ParkingSpaceTotal 4

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsTotal 4
Amenities Separate Electricity Meters
Appliances Dryer, Refrigerator, Stove, Two Stoves, Washer
BasementDevelopment Unfinished
BasementType Full (unfinished)
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Beach, Park
SizeIrregular 33 X 165 Ft ; 33' X 165'
SizeTotalText 33 X 165 Ft ; 33' X 165'
SurfaceWater Lake/pond

https://www.realtor.ca/real-estate/26891127/29-king-street-e-cobourg-cobourg