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 hydro meters, allowing tenants to pay their own utilities. Recent top-to-bottom upgrades ensure low maintenance and high appeal for potential tenants. Positioned in a desirable location, this property is a strong performer with significant income potential. 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. **** EXTRAS **** Improvements include: new Mansard roof, fascia, all new pluming and electrical, all hydro and water meters separated, all interior finishes and all new windows with fire shutters on egress windows. Hundreds of thousands of upgrades! (id:31697)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X9266041 |
| Property Type | Multi-family |
| Community Name | Cobourg |
| HeatingType | Baseboard Heaters |
| SizeInterior | 0.3 Ac |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 176 Ft |
| SizeFrontage | 72 Ft ,8 In |
| SizeIrregular | 72.74 X 176 Ft |
| SizeTotalText | 72.74 X 176 Ft |
| ZoningDescription | Mc |
https://www.realtor.ca/real-estate/27322368/144-king-street-w-cobourg-cobourg
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