234 KING STREET E
Cobourg, Ontario
MLS® X12479081
$985,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X12479081
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- —
1 / 29Listing description
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.
Property summary
- MLS® number
- X12479081
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 45 x 196 FT
- Annual property taxes
- $4,236.71
- Parking
- 7 spaces · No Garage
- Days on market
- 307 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- Wall unit
- Basement
- Finished, Full
- Appliances
- Refrigerator, Water meter, Stove
- Exterior features
- Brick
- Lot features
- Flat site, Sump Pump
What would this home cost you?
Based on the $985,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Rouge River Realty Ltd., Cobourg.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.