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$ 750,000
Est. payment | /mo
3,388 SqFt
$ 750,000
Est. payment | /mo
3,388 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,388 sqft
Price per Sqft $221
Subdivision Cobourg
MLS Listing ID X12151686
Annual Tax Amount $11,190
Tax Year 2024
Property Sub-Type Investment
Property Description
Rare opportunity to own a mixed-use fourplex in the heart of downtown Cobourg! This stunning property features 1 commercial unit and 3 residential apartments just steps from the beach, Victoria Park, and Cobourg's vibrant shops and restaurants. The entire main floor is zoned commercial offering flexibility to convert the rear main unit back to commercial use if desired(total 1,308 sqft per MPAC).Current configuration includes two 1-bedroom units, one 2-bedroom unit, and one commercial space. Excellent tenants in place, some units paying their own hydro. Onsite parking for up to 4vehicles. With its prime location, solid income, and future flexibility, this property stands out as one of the best-priced fourplexes available especially in such a high-demand downtown location. An ideal addition to any investors portfolio with long-term upside and walkable appeal.***MOTIVATED SELLER Opportunity to bundle multiple listings for a better CAP and price. See MLS listings X12151686, X12151707, X11893749, X12151667. Willing to sell these 27 units at an overall reduced price.
Location
Province ON
County Northumberland
Community Cobourg
Area Northumberland
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 33.03
Lot Depth 165.02
Others
Security Features No
Listed by RE/MAX JAZZ INC.