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    For Sale - 144 King Street, Cobourg, Ontario

    Est payment $12,245/mo
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    Views   3
    Time on Jump  176 day

    AI Summary *

    • Fully renovated 12-plex with 4 commercial and 8 residential units.
    • Separate utilities for tenants provide low maintenance and high appeal.
    • Recent upgrades include a new roof, plumbing, and electrical systems.
    • Additional revenue potential from laundry and parking facilities.
    • Located in a desirable area with a growing market for strong 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 IDX12887826
    Address144 King Street
    CityCobourg, Ontario
    Price$2,550,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling Baseboard

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    Listing Agency:  RE/MAX Jazz INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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