41-43 King Street, Cobourg, ON K9A 1K6

Cobourg K9A 1K6 Ontario

MLS: X12066729

$1,399,000

Added 17 days ago | For Sale

Listed by: CENTURY 21 ALL-PRO REALTY (1993) LTD.

About Property

Apartment Building plus main street commercial. Superb 8% (approx.) Cap Rate in Downtown Cobourg beside Victoria Park, Victoria Beach, Heritage Harbour Marina, the Esplanade & Yacht club and all attractions. Long term tenants on month-to-month rental. New Commercial Retail Tenant on 5 year lease in a 2000 Sq Ft Commercial Space on Main Floor with Many Tall Retail Display Windows. 2 floors of apartments above. This is a fantastic Location in the Popular Tourist Destination Shopping, Dining, Professional Services district of Downtown Cobourg. A Perfect investment to add to your portfolio in the almost-filled to capacity Heritage Downtown Cobourg. Few Remaining Retail & Residential multi-unit buildings King Street Spaces left available for sale or rent. Desired rental location in the heart of downtown and access to all amenities. The VIA & 401 is a couple of blocks north for commuters. 9 units total including 1 commercial & 1 storage unit.

Features

  • House Style:Investment
  • Bathrooms:9
  • Land Size: 37.99 X 162.36
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Mcgill & King St E
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $7000
  • Bedrooms:
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Gas Hot Water
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12066729

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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