144 King St W

For Sale 25 Days
$2,900,000
beds
baths

144 King St W

For Sale 25 Days
$2,900,000
beds
baths

Highlights

Key insights

Description

Exceptional fully renovated mixed-use 12-plex in the heart of Cobourg, Ontario. This turnkey property features 4 commercial units and 8 residential units, all with separate water and hydrometers, allowing tenants to pay their own utilities. Recent top-to-bottom upgrades ensure low maintenance and high appeal for current and potential tenants. Positioned in a desirable location, this property is a strong performer with exceptional income and low expenses. Additional revenue streams can be tapped from possible laundry and parking facilities. With Cobourg's growing market, this investment offers both immediate returns and future upside. Seize this rare opportunity to add a premier asset to your portfolio. Improvements include: new Mansard roof, fascia, all new pluming and electrical, all hydro and water meters separated, all new residential interior finishes and all new custom windows, with fire shutters on egress windows. Hundreds of thousands in upgrades! Please note that photos are from the prior listing - middle front commercial tenant is now Cobourg Fades. Some still photos and iGuide from prior to some residential tenants and central front commercial tenant moving in. (id:55581)

ANITA BONGERS-LEWIS of RE/MAX JAZZ INC.,
#X12338042
updated 3 weeks ago.
Houseful checked MLS® for data 3 weeks ago.

Home overview

Amenities / Utilities
  • Heat type
    Baseboard heaters
Location
  • Subdivision
    Cobourg
Lot/ Land Details
  • Lot dimensions
    0.3
Overview
  • Lot size (acres)
    0.3
  • Listing #
    X12338042
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28718858/144-king-street-w-cobourg-cobourg
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-7,733

/ Month
25 Years fixed, 20% down payment, % interest
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