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$890,000
Est. payment /mo
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Cobourg
MLS Listing ID X14139938
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,173
Tax Year 2026
Property Sub-Type Fourplex
Property Description
A singular rental property, this vintage fourplex offers a rare investment opportunity. Built c. 1931 (as per MPAC) the offering features: (3) 1 bedroom units and (1) 2 bedroom unit, all with their own bathroom and kitchen with refrigerator and stove. Also, the units are heated by electric baseboards and each have their own hydro meter. If you're searching for a special property to enhance your real estate portfolio this one has what it takes. Located in the Heritage District, and a short walk to the Cobourg train station and Cobourg's dynamic downtown, the property will appeal to potential Tenants searching for easy access to transportation and all the amenities offered by our wonderful Town of Cobourg thus enhancing the Tenant's enjoyment of their unit and contributing to tenancy retention. The asking price is based on a reasonable Cap rate and a copy of the Income and Expenses is available to serious Buyers. Contact your Realtor to receive a copy of the Buyer Information Packet. Note: SOME PICTURES ARE VIRTUALLY STAGED PHOTOGRAPHIC RENDERINGS.
Location
State ON
County Northumberland
Area Northumberland
Rooms
Family Room No
Basement Apartment
Kitchen 4
Interior
Interior Features Floor Drain, Separate Heating Controls, Separate Hydro Meter, Sump Pump, Water Meter
Cooling None
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Porch
Parking Features Private
Pool None
Roof Type Asphalt Shingle,Other
Topography Level
Lot Frontage 41.0
Lot Depth 161.0
Total Parking Spaces 4
Building
Foundation Unknown
Others
ParcelsYN No
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Listed by RE/MAX Rouge River Realty Ltd.