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    For Sale - 144 King Street, Cobourg, Ontario

    Est payment $12,888/mo
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    Time on Jump  91 day

    AI Summary *

    • Fully renovated mixed-use 12-plex with 4 commercial and 8 residential units.
    • Separate utilities for tenants, making management simpler and efficient.
    • Recent upgrades ensure low maintenance and appeal for tenants and investors.
    • Additional income potential from laundry and parking facilities.
    • Located in a growing market, promising immediate and future returns.




    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 hydrometers, allowing tenants to pay their own utilities. Recent top-to-bottom upgrades ensure low maintenance and high appeal for current and potential tenants. Positioned in a desirable location, this property is a strong performer with exceptional income and low expenses. 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. Improvements include: new mansard roof, fascia, all new pluming and electrical, all hydro and water meters separated, all new residential interior finishes and all new custom windows, with fire shutters on egress windows. Hundreds of thousands in upgrades! Please note that photos are from the prior listing - middle front commercial tenant is now cobourg fades. Some still photos and iguide from prior to some residential tenants and central front commercial tenant moving in.
    Listing IDX12338042
    Address144 King Street
    CityCobourg, Ontario
    Price$2,600,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Baseboard

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    Listing Agency:  RE/MAX JAZZ INC.
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    144 King Street
    Cobourg , Ontario
    $2,600,000
    Get more info