james st w

11 Bedroom Real Estate has been listed for sale at 1 James St W in Cobourg for $1,350,000. Chat with a local expert, book a tour.

Cobourg

1 James St W

1 James St W, For Sale in Cobourg - eXp Realty

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Looking for investors! Solid build 2 1/2 storey 6 plex (mainly all brick). Centrally located within walking distance to many amenities, banks, shopping, churches, schools, restaurants, drugstore, public transits, Cobourg beach and more. There are 2 apartments on each floor. 2 apartments could have 3 bedrooms. All apartments have separate meters. Offers coin operated washer and dryer located in the basement. Some apartment has gas heat and some have electric baseboard heating. Parking available.

CONT LEGAL...39R2722;S/T NC247995; COBOURG INVESTMENT OPPORTUNITY - 6 PLEX LOCATED IN THE HISTORIC TOWN OF COBOURG, JUST A SHORT WALK TO DOWNTOWN. SOLID BRICK BUILDING WITH PLENTY OF PARKING AND A 5% RETURN ON YOUR MONEY WITH A POTENTIAL FOR MUCH HIGHER. HEATING AND UTILIY EXPENSES CURRENTLY INCLUDED WITH RENT BUT SEPARATE METERS FOR EACH APARTMENT HAVE BEEN INSTALLED

Opportunities for multi unit properties close to the beach in cobourg with solid income are rare. Very well maintained 6 plex in the heart of cobourg within walking distance to shopping, restaurants, parks, beach. Fully rented currently showing a good income and room for growth. Individually metered for hydro and updated/renovated appartments with character and charm. Excellent zoning with many permited uses for future plans makes this one a great investment for the future. Contact the local authorities directly for any information and do your due diligence before moving forward. Serious inquiries only please, the tenants do not need to be disturbed daily without valid reasons. Buyers should be pre approved financially for this type of purchase in advance. If you're looking to invest in a multi unit in cobourg and in your future then you won't want to wait on this one.

1 James St W, Cobourg, ON

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