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Renanza Realty
For sale

49 COBALT STREET

Cobalt, Ontario

MLS® T13748228

$139,900

Status
Active
Property type
Multi-family
MLS® number
T13748228
Bedrooms
7
Bathrooms
3
Year built

Listing description

Fully rented tri-plex in a convenient downtown location, it's an excellent opportunity to add an affordable income property to your portfolio grossing a little over $39,825/yr in rents. The building offers two 3-bedroom units and one 1-bedroom unit, all currently rented with utilities included. Each unit features its own fridge, stove, washer and dryer.

Recent improvements include a furnace (2019), new tin roof on second floor and rear siding (2019), and newer tin on the stairwell serving Unit #3 (2020). The building could use some TLC and is priced accordingly. The property also features a 40x36 vacant lot that could be cleared for more parking.

Currently, there is one off-street parking space plus two street-side spaces. A solid investment opportunity for the right buyer!

Property summary

MLS® number
T13748228
Property type
Multi-family
Building type
Triplex
Land size
36 x 135 FT
Annual property taxes
$7,493.28
Parking
3 spaces · No Garage
Days on market
12 days

Features & details

Heating
Radiant heat, Forced air, Natural gas
Cooling
None
Basement
Unfinished, N/A
Appliances
Washer, Refrigerator, Stove, Dryer
Exterior features
Wood, Vinyl siding
Lot features
Sloping

What would this home cost you?

Based on the $139,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$651 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CENTURY 21 TEMISKAMING PLUS BROKERAGE, New Liskeard.

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.