Primary photo of 234 KING STREET E, Cobourg
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Triplex For Sale

$985,000

MLS® Number: X12479081

Bedrooms

6

Bathrooms

3

234 KING STREET E, Cobourg, Ontario

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. The top unit is vacant, offering an excellent opportunity for an owner-occupier or immediate tenant placement. Recent updates ensure peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, this property also offers 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 is vacant. Don't miss your chance to secure a prime Cobourg investment that blends strong rental income, future potential, and a highly desirable location

Property Details

Interior Details

Appliances

Refrigerator, Water meter, Stove

Basement

Finished, Full

Bathrooms Total

3

Bedrooms Total

6

Cooling

Wall unit

Heating

Radiant heat, Natural gas

Building & Exterior

Exterior Features

Brick

Foundation Details

Block

Parking Features

No Garage

Stories

2.0

Land & Location

City Region

Cobourg

Frontage Length

45.0 feet

Lot Features

Flat site, Sump Pump

Lot Size Dimensions

45 x 196 FT

Postal Code

K9A1L6

Listing & Financials

Listing Office

RE/MAX ROUGE RIVER REALTY LTD.

Originating System Name

Central Lakes Association of REALTORS®

Other Specifications

Country

Canada

Parking Total

7

Mortgage Calculator

20% ($197,000)
5.5%
25 Years

Estimated Monthly Payment

$4,839

Principal and interest only. Actual rates may vary.

Location & Map

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